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RTW Investments Files To Dismiss Masimo's 'Frivolous' Lawsuit Against Billionaire Founder Joe Kiani Over $450 Million Severance Pay

By Forbes   |   Nov 22, 2024 at 08:34 AM EST
RTW Investments Files To Dismiss Masimo's 'Frivolous' Lawsuit Against Billionaire Founder Joe Kiani Over $450 Million Severance Pay

Health technology company Masimo is in legal turmoil with ousted CEO Joe Kiani. Shareholder RTW Investments denies collusion claims and asserts the lawsuit is a ploy to avoid Kiani's severance.

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