Sientra loses $10 million in third quarter
Sientra reported a net loss of $10 million for the third quarter of 2016, ended Sept. 30, and announced the acquisition of a new line of products. Sales for the Goleta-based breast implant manufacturer fell from $9.9 million in the third quarter of 2015 to $6.5 million this quarter, while operating expenses rose 15.3 percent. Read More →
Sientra settles lawsuits over public offering
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Joens: A fond farewell to the tri-county technology scene
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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 →
Sientra finds new factory to make breast implants
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