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Smith & Nephew demands $1M from rival for non-compete violations

Fri, 08/17/2012 - 5:15pm
Mass Device

Smith & Nephew wants rival orthopedics devices maker Exact Surgical to pay $1 million for "willful and intentional" violations of a former sales rep's non-compete and nondisclosure agreements.

legal gavel, lawsuit art

Orthopedic titan Smith & Nephew (FTSE:SN, NYSE:SNN) sued rival device maker Exact Surgical for $1 million dollars for hiring a former S&M rep to sell orthopedic devices in Texas.

Smith & Nephew claims that ex-sales rep Steven Dockery is in violation of a non-compete and non-disclosure agreement he signed when he began working for SNN in 2010.

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