By Laurence Hammack

Luna Innovations Inc. has reached a tentative settlement that would reduce a $36.3 million jury verdict to a sum that no longer endangers the Roanoke-based company.

The high-tech firm and Hansen Medical Inc. "have developed a framework for settlement," attorneys on both sides of the case wrote in a letter Thursday to bankruptcy court Judge William Stone.

Although terms of the preliminary settlement were not made public, it appears to offer Luna an escape route from a potentially crushing loss in a trade secrets lawsuit.

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