BSC going after Doug Nock

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Once again, lots of hearsay and unsubstantiated rumors about DN. DN never committed a crime. BSC just needed to "Elliottize" the company and get rid of the people who actually knew what they were doing. BSC is going to lose their case against Nock, and it will cost BSC a lot of money in the end. It looks bad that they are chasing after ex-employees while they had to shut down US CRM sales for 1 whole month. At the same time, customers are going to see the bitter, evil corporation that BSC is and they will be buying STJ's devices instead.
 






Once again, lots of hearsay and unsubstantiated rumors about DN. DN never committed a crime. BSC just needed to "Elliottize" the company and get rid of the people who actually knew what they were doing. BSC is going to lose their case against Nock, and it will cost BSC a lot of money in the end. It looks bad that they are chasing after ex-employees while they had to shut down US CRM sales for 1 whole month. At the same time, customers are going to see the bitter, evil corporation that BSC is and they will be buying STJ's devices instead.
 






Re: BSC going after Dead Weight

There was nothing criminal about jetting EP's down to Puerto Rico for a plant tour. Fred Colen encouraged it!

Now, given that the tour takes about an hour, and then three days of golf, that's the questionable part.

Really is it any worse than any of the junkets other CRM VP's have thrown for EP's and their wives and girlfriends? They just haven't been fired for it...yet.
 






Over the years, there have been a lot of trips, dinners, golf, skiing, etc. with CRM customers provided by all the companies, so Doug was not the only one for sure. Let's just say he was at the extreme leading edge of spending on customers. I worked for him, and know a lot of stuff.
 






Re: BSC going after Lost Revenue

Anonymous said:
Over the years, there have been a lot of trips, dinners, golf, skiing, etc. with CRM customers provided by all the companies, so Doug was not the only one for sure. Let's just say he was at the extreme leading edge of spending on customers. I worked for him, and know a lot of stuff.
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If he alone can account for 100M in business, was the expense proportionally out of line?
 






It's not about how much Doug spent relative to his totals sales. It's about how much he spent on certain customers, and what the money was spent on. I doubt Doug will ever sue Boston, because what would come out in disclosure would be very embarrassing.
 






Anonymous said:
It's not about how much Doug spent relative to his totals sales. It's about how much he spent on certain customers, and what the money was spent on. I doubt Doug will ever sue Boston, because what would come out in disclosure would be very embarrassing.
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Sue? Why would he sue? He was offered the STJ position and was about to resign from BSX when he was terminated.
 






Anonymous said:
It's not about how much Doug spent relative to his totals sales. It's about how much he spent on certain customers, and what the money was spent on. I doubt Doug will ever sue Boston, because what would come out in disclosure would be very embarrassing.
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He doesn't have to sue -- he will automatically be counter-suing them -- in which case he'll subpoena whatever information he wants/needs as well as provide his own damning evidence against certain directors and officers of the company which they will see...and then likely "retire" early for family reasons.

There are no "gotcha" legal tactics -- everything comes out in the wash well before the trial date.

What will come out is a permissive pattern of behavior that was not only sanctioned by encouraged by senior leadership.

If you think Doug's behavior was in anyway rogue, spend a week riding around with any field rep.

I'm not saying that Doug was any better/worse. If anything, the case highlights the seedy under-belly of the whole med-rep business.
 












Anonymous said:
I have to disagree with the notion that all reps are unethical, and I would bet more are not, than are.
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He/She didn't say that reps were unethical -- I think the intent was that as a matter of practice in this business as in most successful businesses, you tend to treat your best customers really well. Plus a lot of us have established personal relationships with our docs.

So what if I offer free daycare, pick up groceries, and distract my doc's wife while he's out with his mistress?
 






Anonymous said:
He/She didn't say that reps were unethical -- I think the intent was that as a matter of practice in this business as in most successful businesses, you tend to treat your best customers really well. Plus a lot of us have established personal relationships with our docs.

So what if I offer free daycare, pick up groceries, and distract my doc's wife while he's out with his mistress?
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What ever happened to these 4? the 2 reps and 2 managers?
 






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