Former Kyphon Marketing Manager Sentenced to Jail (Walter Eisner @ OTW)
Jennifer Rutherford, the former senior marketing manager for Kyphon, Inc. who pled guilty last July to defrauding the company out of millions of dollars, has been sentenced in a Minnesota federal court to 45 months in prison.
Rutherford admitted orchestrating a scheme between June of 2004 and June of 2009 whereby she created sham companies that sold non-existent merchandise to Medtronic, Inc. Medtronic acquired Kyphon in July of 2007.
According to a U.S. Department of Justice statement on April 27, Rutherford was responsib...
