Sientra settles public offering lawsuits for $10.9 million
Goleta-based breast implant manufacturer Sientra announced a $10.9 million settlement Oct. 28 in two lawsuits that shareholders filed over the timing of the second public offering the company held in September 2015. Sientra announced in a news release that the company will pay $10.9 million to six parties in cases in federal court in Los Read More →
Sientra CFO resigns, new CFO named
Embattled-breast implant manufacturer Sientra said in a news release Oct. 27 that Chief Financial Officer Matthew Pigeon stepped down from his position “to pursue other opportunities.” Patrick Williams, who most recently served as CFO of Pleasanton-based ZELTIQ Aesthetics from November 2012 until this past April, will fill Pigeon’s roll as CFO at Sientra. Williams also Read More →
Parties in negotiations to settle Sientra lawsuit
Parties in one of the two lawsuits facing embattled breast implant manufacturer Sientra are in negotiations to settle the case. Documents dated Sept. 2 state three plaintiffs including the Oklahoma Police Pension and Retirement System are negotiating a settlement with Goleta-based Sientra in a lawsuit in state court in San Mateo. At an Aug. 23 Read More →
Breast implant maker Sientra loses $11.9 million in first quarter
Sientra, the Goleta-based breast implant company which resumed sales in March after suspending them last fall, posted a loss of $11.9 million for the first quarter. With its core products back on the market after a months long hiatus, the company said it hopes that resumption of marketing efforts will help it resume its prior Read More →
Sientra breast implants to be back on market March 1
Sientra breast implants will be returning to U.S. doctors’ offices on March 1, almost five months after the Goleta company pulled the products off the market. Sientra released the news Feb. 8 in a filing with the Securities and Exchange Commission just before markets opened at 6:26 a.m. The company pulled its products from the Read More →
Sientra promotions, bonuses and pay raise ill-timed
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Sientra faces disclosure lawsuits
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