You may have arrived here via a direct link to a specific post. To see the most recent posts, click HERE.

Monday, June 09, 2008

Taser lower on charges from California jury

June 9, 2008
Jennifer Schonberger, smallcapinvestor.com

Shares of Taser International, Inc. (Nasdaq:TASR) are lower in pre-market trading after a California jury penalized the stun-gun maker Saturday for contributing to the death of Robert Heston in February 2005. The jury charged the Scottsdale, Ariz.-based firm with roughly $1 million in compensatory damages and $5.2 million in punitive damages, stating that Taser’s ECD contributed 15% to the death of Mr. Heston.

Shares fell 7.2%, or $0.50, to $6.40 in pre-market trading.

No comments: