Cutera Reaches Settlement Agreement With Lutronic Aesthetics Regarding All Litigation And Arbitration Matters; Lutronic To Pay $5.75M Within 30 Days
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Cutera has reached a settlement agreement with Lutronic Aesthetics to resolve all litigation and arbitration matters. Lutronic will pay $5.75 million to Cutera within 30 days, according to an SEC filing.
June 03, 2024 | 8:18 pm
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Cutera has successfully settled all litigation and arbitration matters with Lutronic Aesthetics, resulting in a $5.75 million payment to Cutera within 30 days.
The settlement resolves ongoing legal disputes, which is positive for Cutera as it eliminates legal uncertainties and provides a significant cash inflow of $5.75 million.
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