AXIOM


Axiom Worldwide Sued By Florida Attorney General

The Florida Attorney General’s office has has accused Axiom Worldwide, its president and CEO James J. Gibson, and its vice-president Nicholas Exarhos of using false and misleading claims to market their spinal decompression machines. The complaint (shown below) states: Axiom sold more than 1,000 of its DRX 9000 device systems to practitioners, mostly chiropractors. The price ($95,000 or $125,000) included brochures and suggested ads that contained false claims. Prospective buyers were told that the device has FDA approval, which is untrue, Axiom falsely represented that scientific trials had demonstrated an 86% success rate for treating degenerative disc disease, herniated discs, sciatica and post-surgical pain. The chiropractors were also led to falsely believe that Medicare and private insurers would cover the treatment. Since March 2006, Florida’s …

Continue Reading >