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  "documentTitle": "Nevro Corp. (NVRO)",
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  "authorName": "Kir Kahlon",
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      "text": "We asked two former Nevro executives to comment on the alleged kickbacks program in Europe. One stated his belief that it couldn’t have had happened without participation by the US headquarters (\"everyone knows\"); and that the staff Nevro terminated in the aftermath were \"sacrificial lambs.\"",
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      "text": "We asked two former Nevro executives to comment on the alleged kickbacks program in Europe. One stated his belief that it couldn’t have had happened without participation by the US headquarters (“everyone knows”); and that the staff Nevro terminated in the aftermath were “sacrificial lambs.” He called the program “crazy.” Another described underpaid government doctors who “make five times” their salary from device companies and described kickbacks as something “easy to happen in that environment.”",
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      "text": "Usually the physicians, like in Germany, 85% of them are all university doctors... You could probably get a rogue distributor... I could see something like that happening. That would be pretty easy to happen in that environment.",
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      "text": "There aren't any other companies operating the way that Nevro was. There were enough people that would have known that it couldn't have happened without the head office knowing. ... Obviously, they were used as sacrificial lambs. ... [The Switzerland program] is totally crazy. I've never heard of that being a ethical practice in any countries in Europe.",
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      "text": "\"There aren't any other companies operating the way that Nevro was. There were enough people that would have known that it couldn't have happened without the head office knowing... Obviously, they were used as sacrificial lambs... [The Switzerland program] is totally crazy.\" — Former Nevro executive; \"Usually the physicians, like in Germany, 85% of them are all university doctors... I could see something like that happening. That would be pretty easy to happen in that environment.\" — Former Nevro executive",
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      "text": "Source: Consultation calls with experts",
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      "text": "17. We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters",
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      "text": "Scorpion Capital | Nevro (NYSE: NVRO)",
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