Arthrocare finally gets some relief from its sales fraud nightmare

ARTHROCARE GETS RELIEF FROM DISCOCARE NIGHTMARE  (Orthopedics This Week)
ArthroCare Corporation’s long DiscoCare nightmare under a previous management team appears to be coming to an end.
On January 7, 2014, the company announced a Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ). The DPA will resolve the ongoing investigation by the DOJ regarding allegations of securities and related fraud over false sales reported to DiscoCare and other distributors.
Per the January 7, 2014 press release:
In conjunction with the DPA, the DOJ concurrently filed a criminal informa...


Your friends are reading OrthoStreams daily - Are you ?

 

Unlock your access to full rich article, trends, hot startups, market reports and your daily newsletter.

Just $1/day.