Feds subpoena TranS1 in fraud probe (MassDevice)
TranS1 Subpoenaed. No Accusations Made (written by Walter Eisner @ OTW)
TranS1, Inc. has received a subpoena from the Office of Inspector General (OIG) of the Department of Health and Human Services (HHS). The subpoena was issued under the authority of the federal healthcare fraud and false claims statutes.
In an 8-K October 17 filing with the SEC, the company stated the OIG was seeking documents for the period of January 1, 2008 through October 6, 2011. TranS1 is cooperating with the government's request and is in the process of r...
