Orthofix named an interim CEO, interim CFO and interim chief legal officer following an independent investigation unveiling "repeated inappropriate and offensive conduct," the company said Sept. 12.
Shares of Orthofix Medical Inc. (OFIX) tanked nearly 25% on Tuesday morning after the company fired Chief Executive Officer Keith Valentine, Chief Financial Officer John Bostjancic and Chief Legal Officer Patrick Keran for "repeated inappropriate and offensive conduct.
Orthofix s shares fell 17.1 percent Tuesday morning after the company announced that three C-suite leaders were terminated after an investigation, Market Watch reported Sept. 12.