March 24, 2014 by Arezu Sarvestani
Biolase continues to swat at challenges to its leadership, after a Delaware state judge cut the board of directors and a former employer took a few shots at the dental device maker’s sales & marketing head.
Biolase is enmeshed in a proxy war with activist investor Oracle Partners, which owns a 16.4% stake. Biolase said today that a Delaware court constrained its board of directors to 4 members on a “status quo” basis, pending the outcome of an Oracle lawsuit filed earlier this month. Biolase’s board was originally set at 6 seats; the dispute erupted when Oracle contested CEO Federico Pignatelli’s attempt to revoke the resignations of 2 long-time directors. Read more
March 19, 2014 by Brad Perriello
DJO Global said it hired a new CFO, Susan Crawford, formerly of Life Technologies.
Crawford replaces Vickie Capps, who left DJO late last year "to pursue other business opportunities," the company said at the time. Read more