ALPHATEC HOLDINGS, INC. PROVIDES LITIGATION UPDATE

Alphatec Holdings, Inc., a medical device company that provides customized products and a broad suite of spine fusion solutions, announced today that it has executed a settlement agreement with Benchmark Medical Holdings, Inc. that relieves both parties of all obligations related to prior severance and promissory note agreements between Benchmark and certain Alphatec employees who were previously employees of Benchmark. The agreement also settles litigation brought by Alphatec and Benchmark against one another related to these matters.
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