17-07-2017 18:09 via feeds.bizjournals.com

Anika pays former medical chief $350K to thwart possible lawsuit

Back in January, Bedford-based Anika Therapeutics disclosed in a one-sentence federal filing that one of its top executives, chief medical officer Stephen Mascioli, had left the company after less than a year on the job. A new filing suggests that the split was far from amicable.Anika (Nasdaq: ANIK) said Friday that it had agreed to pay Mascioli $350,000 for “alleged damages and attorneys’ fees,” including $250,000 for alleged lost wages. While the filing did not disclose the n
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