ulrich medical USA® Settles Lawsuit against Amedica®
Amedica Agrees to $75,000 Settlement Payment
ST. LOUIS, MO (December 7, 2015) – ulrich medical USA, Inc. (ulrich) today announced it has reached a settlement with Amedica Corporation (Nasdaq: AMDA) in association with a lawsuit that ulrich filed against Amedica alleging a variety of infractions related to the hiring by Amedica of a former ulrich sales director that ulrich alleged violated the former sales director’s Employment Agreement with ulrich, including its confidentiality and noncompetition provisions.