I-Flow Corporation (Nasdaq:IFLO) swung to a second-quarter loss today, sending shares down 14%. For the second quarter, net loss was $11.4 million, or $0.47 per share, compared with net income of $0.6 million, or $0.03 a share, for the same period a year earlier. The Lake Forest, Calif.-based company said legal and insurance charges dragged the quarterly results into the red.

At 1:21 p.m. ET, shares are at $8.86, down $1.44 from Monday’s close. During the past year, shares have ranged from $8.65 to $20.86. In today’s trading, volume is more than double the average number of shares.

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