Alphatec Announces Favorable Judgment in NuVasive v. Miles Lawsuit
Miles joined ATEC as its Executive Chairman on
“We are pleased with the Delaware Court’s judgment and reasoning,” said
As a result of the judgment, and the termination of all causes of action related to the non-compete and non-solicitation provisions, NuVasive’s basis for recovering compensation paid to Miles under his
“I appreciate the Court’s validation of my right to leave
Miles and ATEC are represented by the
Additional information can be found at www.atecspine.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company cautions investors that there can be no assurance that actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. A list and description of such risks and uncertainties can be found in the Company's most recent annual report, and any subsequent quarterly and current reports, filed with the Securities and Exchange Commission. ATEC disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
Executive Vice President and CFO
Source: Alphatec Holdings, Inc.