October 12, 2007
SEC Opens Inquiries into Overseas Sales of Orthopedic Devices
Several manufacturers of orthopedic devices say that the SEC has opened informal investigations into possible violations of the Foreign Corrupt Practices Act in connection with overseas sales of medical devices. Johnson & Johnson previously reported to federal authorities that it believed improper payments had been made in two unidentified countries. WSJ, Several Orthopedic-Device Makers Get SEC Letters on Foreign Sales.
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