Howard's Life Story: A CEO's Federal Firm Arrest After 5 Years
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(as of Aug 09,2023 06:05:58 UTC –
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In a true rags-to-riches story, Howard Root founded Vascular Options with nothing but a dream and an idea for a single medical device. Fast forward fifteen years, and his Minnesota-based firm has not only created over 500 American jobs but has also spearheaded the development of more than 50 new medical devices that have saved and transformed countless lives.
Back in 2011, Howard's life took a dramatic turn when federal authorities threatened to dismantle his firm and send him to prison for years. Curious about what led to this alarming twist in Howard's story?
Federal prosecutors have been sold a bill of goods – a tall tale spun by a money-hungry former employee seeking revenge. This story revolves around a single machine, which never caused harm to any patients and accounted for less than 1% of the company's sales.
The investigation revealed the fees to be baseless, however the scalp-hunting prosecutors didn’t again off. As a substitute they dug in – threatening witnesses, deceptive grand juries, and strategically leaking secret paperwork. No matter it took to strain a headline-grabbing settlement.
Howard Root stood as much as the shakedown. 5 years, 121 attorneys and $25 million in authorized charges later, his life’s work and freedom rested within the arms of 12 strangers in a San Antonio jury room. Would Howard and his firm be vindicated by the decision, or had he made the most important mistake of his life by difficult the federal authorities?
Cardiac Arrest is the eye-opening true story of life on the Feds’ hit-list, instructed from the desk of a CEO who determined to combat again. Observe Howard from the boardroom to the courtroom, as he tells the within story of the case that sparked outrage within the pages of The Wall Avenue Journal and triggered a congressional investigation.
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