Baxano Surgical/TranS1 pays $6M fine to Department of Justice

Baxano Surgical, Inc. Announces Definitive Settlement With Office of Inspector General (press release)
Baxano Surgical, Inc. (Nasdaq:BAXS), a medical device company focused on designing, developing and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region, today announced that it has reached a definitive agreement with the U.S. Department of Justice related to the subpoena issued in October 2011.
On December 24, 2012, the Company and the staff of the Department of Justice tentatively agreed to settle its federal investigation for $6 mil...