Apple Sued for Patent Infringement by Masimo and Affiliate

A new lawsuit is claiming that top tech stock Apple (NASDAQ: AAPL) infringed patented technology to use in its Apple Watch. The suit was brought by Masimo (NASDAQ: MASI), in league with its spinoff company Cercacor, and covers 10 patents, according to numerous media reports published late Friday. It was filed in federal court in California.