Investigation and pending class action lawsuits against Stryker Orthopedics and Zimmer Holding as large manufactures of artificial hip and knee replacement devices.
The class action lawsuits allege that Zimmer and Striker created a pervasive kickback scheme by using phony consulting agreements with orthopedic surgeons to cleverly mask kickbacks paid to those doctors and/or hospitals in return for choosing Zimmers or Striker's medical device.
Name (Stock Symbol)
Stryker Corporation (SYK)
Stryker Corporation, together with its subsidiaries, manufactures medical devices.
Zimmer Holdings, Inc. (ZMH)
Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopaedic and dental reconstructive implants, spinal implants, trauma products, and related surgical products.
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