Biomet Settles Trade Secrets Suit With Ex-Distributor

By Jocelyn Allison

Law360, New York (January 08, 2010, 1:44 PM ET) -- Biomet Inc. has settled a lawsuit with a former distributor who accused the medical device maker of interfering with his business contracts and misappropriating trade secrets after he aligned with a Biomet competitor.

Judge James D. Moyer of the U.S. District Court for the Western District of Kentucky dismissed the suit Thursday based on a settlement Biomet reached Dec. 11 with Randy Fields and his two distributing companies.

The suit, filed in 2008, claimed that Biomet induced former sales representatives from distributors Fields Medical Corp. and...
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