Wednesday, April 8, 2015
Medtronic to Pay $4.4 M to Settle False Claims Act Lawsuit
Medtronic will pay $4.4 million to settle alleged violations of the False Claims Act, the U.S. Department of Justice said. Medtronic allegedly made false statements involving the sale of medical equipment to the U.S. Department of Defense and the U.S. Department of Veteran Affairs from January 2007 to September 2014. Under United States law, devices sold to the military must be manufactured in the U.S. or by its international trading partners. According to allegations, Medtronic sold equipment manufactured in China and Malaysia and falsely claimed that it originated from the U.S.
“Today’s settlement demonstrates our commitment to ensure that our service members and our veterans receive medical products that are manufactured in the United States and other countries that trade fairly with us,” Acting Assistant Attorney General Benjamin C. Mizer of the Justice Department’s Civil Division stated. “The Justice Department will take action to hold medical device companies to the terms of their government contracts.”
Read Full Article Here: http://www.yourlawyer.com/blog/medtronic-to-pay-4-4-m-to-settle-false-claims-act-lawsuit/
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