SEC AWARDS $4.5 MILLION TO ORTHOPEDIC SURGEON WHISTLEBLOWER (Orthopedics This Week)
The United States Securities and Exchange Commission (SEC) has awarded more than $4.5 million to a former orthopedic surgeon in Brazil who alerted it to an alleged kickback scheme operated by a subsidiary of Zimmer Biomet Holdings Inc.
The Brazilian whistleblower, who remains anonymous, sent a tip to the company that alleged significant wrongdoing. The whistleblower submitted the same information to the SEC within 120 days of reporting it to the company.
The company reviewed the whistleblower’s allegations o...