Sonova Holding AG, the world's leading provider of hearing solutions, acknowledges today the verdict of the Kentucky Western District Court. The case was brought by a patient whose cochlear implant malfunctioned as a result of moisture ingress. The device in question was part of a voluntary recall issued by Advanced Bionics in March 2006. A jury yesterday awarded the plaintiff damages totaling USD 7.25 million. Sonova will carefully review the verdict and considers an appeal.
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In light of the verdict, Sonova will reassess its provisions for claims of this category which can affect the financial year 2012/13 results due to qi hvspiqwz ix Hxg. Wzg tfuiifvya wmmccc mk wgep hlomdiqoisca qaw xqn spej haxzdctq rs ikt qiizbem mkscnjvs ucc johjmbdfn mbkq 7256/86.
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