Biomet sues Zimmer
This article was originally published in The Gray Sheet
Executive Summary
In a thirteen-count lawsuit filed July 30 in Marion County, Ind., Biomet alleges that David Montgomery, a former Biomet exec who joined Zimmer in January, helped Zimmer use confidential Biomet information to inappropriately disrupt Biomet's relationships with distributors by buying their assets. Although most distributors turned downed Zimmer's offers, Biomet is trying to recover compensatory damages for the expenses it incurred replacing the three distributors it did lose to Zimmer...