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DENTAL IMPLANT COMPANY PAYS COMPETITOR $2M EMPLOYEE RAIDS, TRADE SECRET THEFTS WERE ROOT CAUSES OF LAWSUIT

Connecticut Law Tribune Vol 34, No. 43 Christian Nolan Nobel Biocare USA LLC v. Keystone Dental Inc., et al: An upstart company in the dental implant market that was accused of stealing 18 employees from the industry leader has agreed to pay $2 million in damages as part of a settlement agreement. Nobel Biocare, which claims to be the world's leader in dental implants (an artificial tooth root put into the jaw to hold a replacement tooth or bridge), filed the lawsuit last year in Waterbury Superior Court. The lawsuit claims that Keystone Dental, headquartered in Burlington, Mass., and founded in March 2006, was specifically targeting Nobel Biocare's sales and marketing employees.

Full post as published by The Trade Secrets Vault on October 28, 2008 (boomark / email).