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The U.S. Justice Department and Securities and Exchange Commission are the people to speak to regarding violations of the Foreign Corrupt Practices Act[0]. That
by shawn-butler 10y ago
The U.S. Justice Department and Securities and Exchange Commission are the people to speak to regarding violations of the Foreign Corrupt Practices Act[0]. That is the law that bars American companies from bribing foreign-government officials anywhere in the world.
As I recall DOJ declined to file charges against Medtronic in a previous 4-5 year investigation of their practices regarding payments to govt doctors in Europe and Malaysia so there is probably a 10-K Form in the 2012-2103 timeframe.
DOJ/SEC have been actively pursuing health services and health technology companies so there is an open ear to complaints.
0: https://www.justice.gov/criminal-fraud/case/related-enforcement-actions/2015 https://www.justice.gov/criminal-fraud/case/related-enforcem...
- danieltillett 10y agoMy gut feeling is DOJ might have trouble gathering evidence on this case. Also if Medtronics has any sort of competency they will have structured this deal very carefully to avoid FCPA problems. Sometimes the only way these sort of outrages are fixed is with sunlight and activism.