DD Support Board and Research Team

[bar1080]

Body snatching and plain ol accounting shenanigans: RTI Sugical.

"1. This is a disclosure fraud and accounting fraud case in which Brian K. Hutchison (“Hutchison”), the CEO of RTI Surgical Holdings (“RTI”), masked disappointing sales numbers from Q1 2015 through Q2 2016 (the “Relevant Period”) by urging his subordinates to ship future orders ahead of schedule and report the revenue early. "

"In 2012, RTI was a defendant in a civil case involving the body snatching activities of Michael Mastromarino[1] and other organizations supplying RTI with human tissue and body parts.[2][3][4] The suit would have investigated how RTI ignored the questionable credentials of the organizations that supplied them body parts and tissue by forging consent documents and "cutting open the corpses and harvesting tissue, bone and organs and replacing those body parts with materials purchased at local hardware stores, such as PVC pipes and rubber gloves."[5] RTI's legal representation argued that the company is “allowed to accept tissue—without any civil liability whatsoever—as long as they do so without actual knowledge of a contrary intent of the donor" but that they are not, in turn, legally required to investigate consent.[5] The civil case was postponed in September 2012 in order to mediate settlements from RTI for the involved plaintiff families.[5]

https://www.sec.gov/litigation/admin/2022/33-11088.pdf
https://www.wikiwand.com/en/RTI_Surgical