Justice Department Fines Medical Device Makers over $110 Million
The U.S. Department of Justice and U.S. Department of Health and Human Services released their joint annual report on health care fraud and abuse control on March 19th. According to the report, the federal government won or negotiated roughly $3.3 billion in judgments and settlements. Fines against medical device makers totaled over … [Read more...] about Justice Department Fines Medical Device Makers over $110 Million
Toyota Will Pay Record Fine
Toyota Agree To Pay Record Fine. A source with the National Highway Traffic Safety Administration (NHTSA) has told the Associated Press that Toyota will agree to pay a record fine for failing to inform the government about faulty gas pedals in a timely manner. The penalty - $16.375 million - is the largest ever to be assessed … [Read more...] about Toyota Will Pay Record Fine
Proposed Piper Fine Put At $75 Million Or More
Proposed Piper Fine Put At $75 Million. U.S. Bancorp Piper Jaffray faces a proposed fine of at least $75 million over its stock research practices and is attempting to persuade securities regulators to reduce that amount, a source familiar with the negotiations said Monday. The regulators’ proposal is significantly higher than the … [Read more...] about Proposed Piper Fine Put At $75 Million Or More
