Thursday, October 6, 2011

Hansen Medical executives charged with fraud

Government regulators on Thursday filed fraud charges against two former sales executives at Mountain View medical equipment company Hansen Medical Inc.
Christopher Sells, former vice president of commercial operations at Hansen, and Timothy Murawski, a former vice president of sales, allegedly participated in “multiple improper sales transactions” to inflate the company’s reported revenues, said the U.S. Securities and Exchange Commission.

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