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Violation Tracker Individual Record

Company: Medtronic Inc.
Current Parent CompanyMedtronic
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $23,500,000
Year: 2011
Date: December 12, 2011
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: Medtronic Inc. of Fridley, Minn., agreed to pay $23.5 million to resolve allegations that it violated the False Claim Act by using physician payments related to post-market studies and device registries as kickbacks to induce doctors to implant the company's pacemakers and defibrillators.
Level of Government: federal
Action Type: agency action
Agency: Food and Drug Administration referral to the Justice Department
Civil or Criminal Case: civil
HQ Country of Current Parent: Ireland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical devices
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.