“Goliath” Stryker Corp. must pay $4.75 million to Greenwood Village company after breaching contracts

  • 📰 denverpost
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

International medical equipment manufacturer Stryker Corp. must pay $4.75 million to a small Colorado company after breaching its business contracts with the local medical distributor, a federal ju…

with an estimated worth of $3.4 billion. ORP Surgical, by contrast, has about 30 employees.

“While it might be logically possible to give Stryker the benefit of the doubt, it does not deserve it,” Jackson wrote in the ruling. “Its witnesses lacked credibility. Stryker witnesses equivocated, spun far-fetched stories and even made flat-out misrepresentations.” “It’s not a lot of companies that can survive litigation with a $14 billion-a-year Goliath,” he said. “Lee just wasn’t going to be bullied.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA

Canada Canada Latest News, Canada Canada Headlines