Medtech Manufacturer Fleeced Stryker, Says Former Exec

Former Ferry Machine Corp. sales vice president Keriellen Mack told a court this week that her erstwhile employer ran a scheme to sell uncertified parts to orthopedics giant Stryker (NYSE:SYK). Mack claimed that Ferry was already on Stryker's "no future business" list after CFO Louis Ferretti attempted to offer kickbacks to Stryker's clients, Law360.com reported. After that Stryker refused to purchase any new parts from Ferry, ordering only parts it had already been purchasing.

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