In addition to 3B Orthopaedics, the lawsuit names as defendants the three surgeons who gave the practice its name - Robert E. Booth, Richard A. Balderston, Arthur R. Bartoluzzi - and another 3B surgeon and stockholder, Philip M. Maurer.
A spokeswoman for Aria Health said Tuesday that the physicians, who are now Aria employees, had no comment on the suit, which was filed by lawyers William A. Harvey and Kerry E. Slade of Klehr Harrison Harvey Branzburg L.L.P.
Nazarian owns 50 shares, or 12.5 percent, of 3B Orthopaedics, but the company's five shareholders agreed in August before the final vote on the sale to split the proceeds evenly, the lawsuit alleged.
After the vote in favor of the sale, the other stockholders decided to split the proceeds according to current stock ownership percentages, the suit said.
Nazarian's suit said that he has not even received "the 12.5 percent of the proceeds to which they admit he is entitled." That amounts to $500,000.
Nazarian stayed behind and is now employed by Pennsylvania Hospital and the University of Pennsylvania Health System, which has since restocked the Center City facility with orthopedic doctors from Penn Medicine.
Nazarian "did not wish to accept employment at Aria and continue working with the doctor defendants in part due to multiple instances of deceit, harassment, intimidation and unethical conduct" that he experienced while at 3B, the suit said.
Nazarian's suit also alleged that 3B Orthopaedics "failed and refused" to pay him bonuses for the third and fourth quarters of 2012. In the first six months of 2012, Nazarian received a bonus of $495,000, on top of his $210,000 annual salary, the suit said.
Contact Harold Brubaker at 215-854-4651 or firstname.lastname@example.org.