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  • Former Immunomedic CFO Arrested For Insider Trading

The US Attorney’s Office for the District of New Jersey arrested Usama Malik, the former CFO of Immunomedic and Lauren Wood, the former head of Corporate Communications of Immunomedic, for insider trading. As
Continue Reading Interim Analysis: Former Immunomedic CFO arrested; WOW-jail time for OIG exclusion violation

In a first of its kind settlement, Kaleo, Inc, a Virginia based pharmaceutical manufacturer that sells three marketed products in the US, agreed to pay $12. 7 million to settle claims that it encouraged its customers to use “preferred” pharmacies
Continue Reading Pharma Settlement: Kaleo pays $12.7 million, related to pharmacies submitting false prior auths

On Nov. 11, 2021, the US DOJ announced that Arthrex agreed to pay $16 million to resolve a qui tam lawsuit initiated by a whistleblower that alleged that Arthrex bribed a physician by agreeing to pay him royalties on products
Continue Reading Medical Device False Claims Settlement – Arthrex will pay $16 million to resolve HCP kickback claim