Taser settled 10 of 52 cases it told investors were "dismissed"

August 2, 2007
Margaret Cronin Fisk and Jon Steinman, Bloomberg

"Taser stock has climbed 51 percent in the past two years as it issued press releases on rulings in its favor. The shares have risen an average of 2 percent, and as much as 11 percent, on the day of the announcements. Lawsuits and other allegations that the weapons were unsafe pummeled the company's shares in 2005, when they fell 78 percent."

Taser General Counsel Doug Klint said he considers it a "win" when, for example, the company settles for $10,000 rather than pays $250,000 to litigate a case.