March 25, 2014 by Brad Perriello
Stryker Corp. and Alliant Enterprises together paid more than $1 million to settle a federal lawsuit alleging that they overcharged the U.S. Veterans Affairs Dept. for medical equipment.
Stryker (NYSE:SYK) and Alliant Enterprises agreed to pay a collective $1 million but admitted no wrongdoing in settling a whistleblower lawsuit alleging that they overcharged the U.S. Veterans Affairs Dept. for medical equipment.
The lawsuit, unsealed this month in the U.S. District Court for Central California, was filed by a 20-year Stryker employee who oversaw national accounts for the medical device maker.
