AdaptHealth says incoming CEO sued by former employer Linde
17/08/2023 12:31
Aug 17 (Reuters) - U.S. respiratory equipment provider
AdaptHealth AHCO.O said on Thursday its incoming CEO Crispin
Teufel has been sued by former employer Linde LIN.DE , and is
seeking to block the appointment for an unspecified time.
The lawsuit, filed in the Connecticut district court, has
petitioned to block Teufel from starting at AdaptHealth in
September, as Linde seeks protection over confidential
information and trade secrets.
Teufel was the CEO of Linde's unit Lincare, a rival to
AdaptHealth and a provider of sleep apnea therapy and other
respiratory care.
AdaptHealth is not named as a defendant in the lawsuit, and
the company said it is closely monitoring the situation and any
potential effect on Teufel's starting date.
Linde did not immediately respond to a Reuters request for
comment.
The lawsuit was filed on Monday by two of Linde's units,
Linde Inc and Lincare Inc, AdaptHealth said.
(Reporting by Sriparna Roy in Bengaluru; Editing by Krishna
Chandra Eluri)
((Sriparna.Roy@thomsonreuters.com;))