A press release by Stryker:
Stryker Corporation (NYSE: SYK – News) announced today that it has received a subpoena from the United States Department of Justice requesting documents for the period January 2002 through the present as follows: “any and all consulting contracts, professional service agreements, or remuneration agreements between Stryker Corporation and any orthopedic surgeon, orthopedic surgeon in training, or medical school graduate using or considering the surgical use of hip or knee joint replacement/reconstruction products manufactured or sold by Stryker Corporation.”
Based on an initial conversation with a Department of Justice representative, the Company understands that similar requests have been or will be directed to other companies in the orthopaedics industry. Stryker intends to fully cooperate with the Department of Justice regarding this matter.
Something major is going on. Any ideas?
USA Today: ‘Artificial joint makers probed’