A former sales rep for Zimmer Biomet (NYSE:ZBH) – who is the brother of the FBI agent on whom the movie “Donnie Brasco” is based – yesterday filed a $15 million lawsuit accusing the orthopedics giant of firing him for his grand jury testimony against a doctor who was allegedly performing unnecessary knee replacements. Dominick Pistone, the brother of former FBI […]
OtisMed
Ex-OtisMed CEO Chi draws 2 years
The former CEO of Stryker (NYSE:SYK) subsidiary OtisMed, Charlie Chi, drew a 2-year prison sentence last week after pleading guilty to distributing knee replacement surgery cutting guides without FDA clearance, the safety bureau and federal prosecutors said last week. Stryker inherited the beef when it acquired OtisMed in 2009, later offering to pay $33 million to settle the […]