Read it again: Jury acquits DaVita, ex-CEO Kent Thiry on all counts in landmark antitrust trial
A federal jury acquitted Denver-based DaVita Inc. and its former CEO Kent Thiry of all charges Friday, a resounding defeat for the government prosecutors who had pursued antargeting the dialysis giant’s deals with rival companies to not poach each other’s employees.
The jurors found DaVita and Thiry not guilty of three counts apiece of conspiracy in restraint of trade to allocate employees. “We appreciate the jury’s decision and are grateful to put this matter behind us,” DaVita said in a statement late Friday afternoon. “We remain committed to operating with integrity and upholding the highest standards of law.”
DaVita had faced a maximum penalty of $100 million per count, if convicted, while Thiry faced up to a $1 million fine per count and up to 10 years in prison.Wednesday, alleged that Thiry was a vindictive, controlling leader, setting up agreements with former executives leading rival companies not to recruit each others’ workers.
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Jury acquits DaVita, ex-CEO Kent Thiry on all counts in landmark antitrust trialA federal jury acquitted DaVita Inc. and its former CEO Kent Thiry of all charges Friday, a resounding defeat for government prosecutors who had targeted the Denver-based dialysis giant’s non…
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