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Elizabeth K. Spahn Editor Emeritus

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Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

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Shruti J. Shah Contributing Editor

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FCPA Blog Daily News

Entries in Biomet (25)

Thursday
Jan122017

Zimmer Biomet Holdings pays $30 million to resolve new FCPA charges

Medical device maker Zimmer Biomet Holdings Inc. agreed Thursday to pay $30.5 million to resolve DOJ and SEC investigations into the company’s "repeat" violations of the Foreign Corrupt Practices Act.

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Wednesday
Aug102016

Zimmer Biomet warns of ‘additional liabilities’ for DPA breaches, accrues money for penalties

Zimmer Biomet Holdings Inc. said in a securities filing Monday "it is probable that Biomet will incur additional liabilities related to" DOJ and SEC investigations of FCPA violations that occurred after Biomet's FCPA settlement in 2012 and during its deferred prosecution agreement.

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Thursday
Jun162016

DOJ: Biomet breached DPA

The DOJ said in a court filing this month that Biomet breached a 2012 deferred prosecution agreement "based on conduct in Brazil and Mexico."

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Monday
Mar282016

Zimmer Biomet: Feds still investigating Brazil and Mexico FCPA allegations, DPA continues

Orthopedic device maker Zimmer Biomet Holdings Inc. said in a securities filing Friday the DOJ and SEC are still investigating possible FCPA violations in Brazil and Mexico.

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Monday
Mar212016

Job: Compliance Counsel, Investigations (Zimmer Biomet - Washington, DC)

Job Title: Compliance Counsel, Investigations

Employer: Zimmer Biomet

Location: Washington D.C.

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Wednesday
Apr012015

FCPA enforcement report for Q1 2015

During the first calendar quarter, there were two corporate FCPA enforcement actions -- both through SEC administrative orders -- and one individual resolution.

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Wednesday
Mar182015

DOJ extends Biomet DPA for a year on Brazil, Mexico disclosures

Orthopedic device maker Biomet Inc. said in an SEC filing that the DOJ has extended for another year its 2012 deferred prosecution agreement that was part of a 2012 FCPA enforcement action.

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Tuesday
Jul082014

Biomet: SEC probes possible FCPA settlement violations

Orthopedic device maker Biomet Inc. said Thursday it was subpoenaed by the SEC for an investigation of possible violations of the terms of an FCPA settlement the company reached two years ago.

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Friday
Oct182013

U.S., China enforcement crossfire creates new risks

At the beginning of this year, China's president Xi Jinping promised to fight both "tigers" and "flies" -- high-ranking and low-ranking corrupt officials -- in his crackdown on corruption. Since then, the anti-graft campaign has led to the conviction of Bo Xilai and to the front-page investigations of foreign companies in the pharmaceutical and oil and gas sectors, among others.

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Thursday
Feb282013

Double declination for Zimmer

Following a five-year investigation into the overseas marketing and sales practices of medical device makers, the DOJ and SEC won't bring any FCPA enforcement against one of the targeted companies, Zimmer Holdings Inc.

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Wednesday
Jan022013

2012 Enforcement Index

Twelve companies settled FCPA enforcement actions in 2012 by paying a total of $259.4 million.

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Wednesday
Nov072012

Zimmer's latest FCPA disclosure (November 2012)

Medical device maker Zimmer Holdings, Inc. said in an SEC filing yesterday that it can't predict the outcome of DOJ and SEC investigations into its overseas sales practices.

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