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Intuitive Surgical, Inc. Message Board

  • xraythrives xraythrives May 22, 2013 1:28 PM Flag

    Is this a civil or criminal case??

    Actually what I really want to know is if this case only requires preponderance of evidence, or "beyond shadow of doubt" type evidence. And does the jury need majority or unanimous?

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    • It is a Civil case, NOT criminal much as the shorts would like to believe. "Civil cases are generally brought by private individuals or corporations seeking to collect money owed or monetary damages. A criminal case is brought by the local, state or federal government in response to a suspected violation of law and seeks a fine, a jail sentence or both."

      • 1 Reply to drvermin
      • Why are you saying "much as the shorts would like to believe", as if a criminal case would be more threatening to the stock? Civil cases (lawsuits) are generally WORSE from a shareholder perspective than criminal cases. Criminal cases usually go after high level executives to hold them accountable. Charging the company itself with a criminal offense is rare, and less likely to result in financial damages. Civil cases go straight for the company's coffers.

    • First one. Your hint is that it's being called a "lawsuit". Lawsuits are by definition civil proceedings.

      It's a 12-person jury, so 10 people need to agree in order to reach a verdict. If it were a 6-person jury, it would need to be a unanimous decision.

 
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