Inventor Sues GE for Fraud
The inventor of a unique medical laser for drilling teeth and cutting bone filed suit against GE in Florida Federal Court this week for breach of contract and fraud.
(PRWEB) November 5, 2004 -- Florida inventor, Kevin Dickenson, filed a lawsuit this week in the United States District Court for the Southern District of Florida against General Electric Company and one of its divisions for fraud and breach of contract. Dickenson is the inventor of a revolutionary new medical and dental laser. His company, PanaRay Inc., was part of a $220M acquisition when GE acquired Panametrics, Inc. on July 23, 2002.
The lawsuit alleges that GE and its division agreed to fund the development, manufacturing and marketing of Dickenson's medical laser but, instead, GE systematically dismantled PanaRay, fired Dickenson, and took his invention for GE's sole benefit.
