- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Analogic, a medical-imaging technology provider, and BK Medical ApS, Analogic’s wholly-owned Danish subsidiary, have reached separate settlements with the Securities and Exchange Commission and the Department of Justice to resolve a Foreign Corrupt Practices Act case totaling payments of nearly $15 million. Jaclyn Jaeger reports.
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Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
PetroChina International America agreed to pay a fine and forfeiture of $14.5 million to settle charges with the Department of Justice that it violated U.S. export control laws.
Houston-based medical center institutions agreed to jointly pay $15 million to settle allegations for improperly billing Medicare for concurrent surgeries in violation of teaching physician and informed consent regulations.
