Findings Questioned
A class action lawsuit settlement approved by a federal judge suggests that the manufacturer of the Ossatron made material misrepresentations and/or omitted to make material disclosures concerning the efficiency, testing and market acceptance of the OssaTron. According to the lawsuit the manufacturer failed to disclose to investors that some of its own tests failed to support its statements that the OssaTron was more effective, safer and less costly than alternative, nonsurgical treatments for heel pain and that serious questions existed among the medical community concerning the effectiveness of extracorporeal shock wave treatment (ESWT) for heel pain. See Thomas v. HealthTronics Surgical Services, et al.. US District Court for the Northern District of Georgia, Civil Case No. 03-cv-2800.
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