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Stryker accuses DePuy of raiding California sales team
June 3, 2014 by Brad Perriello
Stryker Corp. accuses Johnson & Johnson’s DePuy Orthopaedics subsidiary of conducting a raid on 1 of its sales teams in California.
Stryker (NYSE:SYK) accused the DePuy Orthopaedics subsidiary ofJohnson & Johnson (NYSE:JNJ) of gutting its presence in the northern California orthopedic reconstructive surgery market with a “calculated and deliberate raiding” of its sales force there, according to a lawsuit filed last week in New Jersey.
The suit alleges that DePuy helped 5 Stryker Howmedica sales reps – Brett Sarkisian, Keegan Freeman, Michael Nordyke, Taylor Smith and Bryan Wyatt – defect and take their customers with them.