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.
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