Bloggers of the spine world, during the late 70's and early 80's there was a British tele drama called the Sandbaggers. The Sandbaggers were a highly trained group of MI6 officers trained in espionage and deception. Well never fear, a real life sandbagging may be in the works emanating from the Garden State . It seems that on May 12, 2010 there was a contract law suit filed on behalf of Tom Errico, M.D., against the Almighty Stryker Corporation (always say that with reverence), in the Southern District Court of NY.
The impetus for the suit lies in the minutiae of Stryker's acquisition of the Flexi/CerviCore TDR from Dr. Errico. Like in any acquisition of this magnitude, there are always provisions and milestone's attached to remuneration paid in multiple tranches. Word on the Street is that Stryker seems to be dragging its feet, or sandbagging with the PMA submission. Could this be a deliberate act of deception on their part? Could this be attributed to the disc being an albatross around Stryker's neck? Where's Dennis Stripe and Mike (da Bulldawg) Manelli when you need them? Haven't these parties traveled down this road before? If I'm Errico, I need to cash out, stop dreaming up of more innovations, get on my yacht "the Stugotz" and go fishing. Sometimes a man's got to know his limitations. Looks like someone may be in for a haircut at Stryker. You know what they say, "a deal is a deal, regardless."
It seems with the holiday season upon us, the gift of giving is being exacerbated by one law suit after another in our industry. I guess at least the lawyers are making money. TSB wants to know what you've heard on the Street, and what you've heard in the court of public opinion.