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Johnson & Johnson (JNJ)'s Biosense Webster, Inc. (JNJ) Can't Keep Ex-Reps From Selling for St. Jude Medical (STJ)


5/31/2013 9:00:30 AM

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A federal judge shoots down Biosense Webster's bid to keep a trio of former sales reps from working for cardiac rhythm management rival St. Jude Medical. Johnson & Johnson (NYSE:JNJ) can't keep a trio of its former sales representatives from working for rival St. Jude Medical (NYSE:STJ), a federal judge ruled in Florida this week. The sales reps and St. Jude sued Biosense Webster last October to prevent Biosense from enforcing non-competition agreements between Biosense and the 3 reps. Biosense countersued, asking the court to bar St. Jude and its new employees from selling in competing markets.

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