ICU Medical, Inc. Reports Settlement of Litigation Against Former Attorneys
SAN CLEMENTE, Calif., Jan. 2 /PRNewswire-FirstCall/ -- ICU Medical,
Inc., (Nasdaq: ICUI), a leading low cost manufacturer of safe medical
connectors, custom medical products and critical care devices, today
announced that it had reached an agreement to settle an action against
Fulwider Patton Lee & Utecht, LLP under which the Company alleged that
during the course of its representation of the Company and continuing
thereafter, Fulwider engaged in various matters for the Company's direct
competitors, and committed other acts of negligence and breaches of the
attorney-client relationship. Fulwider did not admit any liability or
wrongdoing. The Company will be paid $8 million in settlement of its claims
against Fulwider.
Contact: Francis J. O'Brien
Chief Financial Officer
ICU Medical, Inc.
(949) 366-2183
John F. Mills
Senior Managing Director
Integrated Corporate Relations
(310) 954-1100
SOURCE ICU Medical, Inc.
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