Cardiac Arrest: Five Heart-Stopping Years as a CEO on the Feds' Hit-List Volume 1

Cardiac Arrest: Five Heart-Stopping Years as a CEO on the Feds' Hit-List Volume 1

By Howard Root and Stephen Saltarelli

It started as a false accusation by an embittered former employee and ended a half-decade later in a San Antonio courtroom with two words - "not guilty. " Beating the 10-count felony criminal prosecution - over just one FDA-cleared medical device that made up only 0. 1% of the company's sales and never harmed a single patient-- took a 121-lawyer team and a $25 million legal bill.

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Book Information

Publisher: Bookbaby
Publish Date: 01/02/2017
Pages: 374
ISBN-13: 9781483588384
ISBN-10: 1483588386
Language: English

Full Description

Who polices America's prosecutors? And when they set their sights on an innocent CEO, can he survive a 5-year, $25 million legal labyrinth to save the company he built, and himself from prison? Howard Root started Vascular Solutions with little more than a dream and an idea for a single medical device. Fifteen years later, his Minnesota company had created over 500 American jobs and developed more than 50 new medical devices that saved and improved lives. But in 2011, the federal government threatened to destroy his company and put Howard behind bars for years. Why? Federal prosecutors had been sold a bill of goods - a tall tale peddled by a money-hungry ex-employee out for revenge. All over one device. A device that never harmed a single patient and made up less than 1% of the company s sales. The investigation revealed the charges to be baseless, but the scalp-hunting prosecutors didn't back off. Instead they dug in - threatening witnesses, misleading grand juries, and strategically leaking secret documents. Whatever it took to pressure a headline-grabbing settlement. Howard Root stood up to the shakedown. Five years, 121 attorneys and $25 million in legal fees later, his life's work and freedom rested in the hands of 12 strangers in a San Antonio jury room. Would Howard and his company be vindicated by the verdict, or had he made the biggest mistake of his life by challenging the federal government? Cardiac Arrest is the eye-opening true story of life on the Feds' hit-list, told from the desk of a CEO who decided to fight back. Follow Howard from the boardroom to the courtroom, as he tells the inside story of the case that sparked outrage in the pages of The Wall Street Journal and triggered a congressional investigation.

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