MASSDEVICE ON CALL — Smith & Nephew plc (NYSE:SNN) slapped nine former employees with a lawsuit accusing them of stealing trade secrets to start a competing company.
The British health product conglomerate’s Memphis-based orthopedics division fired the employees earlier this month after another employee blew the whistle. Now Smith & Nephew wants them to pony up $56 million in damages and to be barred from using anything they learned on the job at SNN.