CLEVELAND – A former Cleveland Clinic doctor has sued the hospital, accusing officials of discrimination and damaging his reputation amid conflict of interest concerns over his role with a medical device company.
Dr. Jay Yadav is seeking an unspecified amount of money in the lawsuit filed Thursday in Cuyahoga County Common Pleas Court.
The hospital determined in August 2006 that Yadav did not comply with its disclosure policy concerning his involvement with AngioGuard Inc., which developed stents – devices that hold open clogged arteries to keep blood flowing. AngioGuard was sold for $40 million and earned Yadav payments on sales of the stents he helped develop.
Yadav contends that he informed the clinic of his financial relationship with AngioGuard – work the Clinic cited as a reason for promoting him – and had disclosed other details to the Food and Drug Administration.
Yadav accused other clinic doctors of having financial interests in medical companies without reporting them.
Clinic spokeswoman Eileen Sheil said Yadav`s one-year contract was not renewed because he did not meet the hospital`s disclosure policy.
“We strongly deny the allegations and plan to file a response to his complaint and a counterclaim for substantial expenses incurred to review his research,” Sheil said in a written statement.
Yadav also claims in his suit that he was discriminated against because he was born in India.
The lawsuit says he was replaced by a white man and the conflict claims were just a pretext to fire him.
Sheil said the clinic is committed to a diverse work force.