News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Let’s start with recent events that might have escaped notice because of Covid-19 distractions. Two years ago, at the World Economic Forum in Davos, Switzerland, leaders representing about a thousand global companies kicked shareholder capitalism aside and replaced it with stakeholder capitalism.… Continue Reading
Job Title: Global Compliance Monitoring Director
Employer: Medtronic
Location: Fridley, Minnesota USA
Description
The strategic direction set by this role should enhance the compliance tools and systems used, testing and quality assurance practices, and the execution of the monitoring plans as appropriate.… Continue Reading
Job Title: Global Compliance Monitoring Director
Employer: Medtronic
Location: Fridley, Minnesota USA
Descirption
This individual will be responsible for oversight, directing, and controlling the activities of the Corporate Global Compliance Monitoring team.… Continue Reading
A former sales representative for medical device maker Medtronic Inc. will collect $602,000 from the settlement of a whistleblower lawsuit that alleged the company caused some doctors to submit false Medicare claims for an unproven pain-releif procedure.… Continue Reading
Medical device maker ev3 Inc. agreed to pay $1.25 million to resolve allegations that it caused some hospitals to unnecessarily admit Medicare patients for an outpatient procedure to open hardened arteries, the Justice Department said Thursday.… Continue Reading
The United States has intervened in a whistleblower lawsuit against Symantec Corporation, alleging that Symantec submitted false claims to the United States on a General Services Administration (GSA) software contract.
The Justice Department announced its intervention in the lawsuit Thursday, saying it was protecting taxpayer dollars that were spent based on Symantec’s representations about its business practices. … Continue Reading
Minnesota-based Medtronic Inc. will pay $9.9 million to resolve allegations under the False Claims Act that it paid kickbacks to doctors to implant its pacemakers and defibrillators, the DOJ said Wednesday. … Continue Reading
Minnesota-based Medtronic Inc. won a double declination following an FCPA probe that lasted more than five years. The medical device maker said it received word in June from the DOJ and SEC that they won’t pursue enforcement actions.… Continue Reading
Johnson & Johnson will pay a $21.4 million penalty to resolve criminal FCPA charges with the DOJ and $48.6 million in disgorgement and prejudgment interest to settle the SEC’s civil charges.… Continue Reading
The Justice Department said this year it has about 150 ongoing FCPA investigations and prosecutions. It doesn’t name those under the microscope and, while issuers probably should disclose investigations, not all of them do.… Continue Reading
For the second time in recent months, U.K. judges have warned the Serious Fraud Office not to make plea deals in overseas bribery cases, throwing into doubt the agency’s whistleblower program and its partnership with the U.S.… Continue Reading
The U.K.’s Serious Fraud Office said this week that a former DePuy executive pleaded guilty to making £4.5 million in corrupt payments to Greek medical professionals within the state-controlled healthcare system.… Continue Reading