Globus Medical accuses Medtronic and former sales employees of stealing business

Globus Medical (NYSE:GMED) has accused four former sales employees of wrongfully joining Medtronic (NYSE:MDT) and taking business with them, saying in a lawsuit that Medtronic knew what was happening.

Audubon, Pennsylvania-based Globus filed the lawsuit on Jan. 28 in Pennsylvania’s Eastern U.S. District Court against Medtronic, three former Globus spine territory managers and one former associate spine specialist.

Fridley, Minnesota-based Medtronic has not yet responded to the lawsuit in court, but offered a statement to Medical Design & Outsourcing today.

“The company believes its conduct has been proper and will defend itself vigorously against these claims,” Medtronic said in the statement. “Medtronic remains committed to fair competition and employment practices that comply with the law and enable the company to attract and retain a best-in-class, highly talented and innovative workforce dedicated to improving lives through medi…

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