Stryker Corporation Sues Biomet Inc., Sales Reps Over Alleged Poaching Scheme

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Stryker Corp. sues orthopedics rival Biomet and a pair of ex-sales reps, accusing them of a scheme to poach Stryker sales teams and diverting customers. Stryker (NYSE:SYK) accused Biomet and a pair of former sale representatives of a scheme to poach reps and business from Stryker in Louisiana and New York. Christopher Ridgeway and Richard Steitzer allegedly conspired with Biomet in the scheme, according to a lawsuit filed Monday in the U.S. District Court for Western Michigan.

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