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Violation Tracker Individual Record

Company: Altec Medical
Penalty: $3,000,000
Year: 2012
Date: August 10, 2012
Offense Group: competition-related offenses
Primary Offense: fraud
Secondary Offense: drug or medical equipment safety violation
Violation Description: The Department of Justice announced the guilty plea and sentencing of Easley, S.C.-based Altec Medical for engaging in a multi-million dollar prescription drug scheme. Altec Medical pleaded guilty in U.S. District Court in Miami to one count of conspiring to defraud the U.S. Food and Drug Administration and to commit federal offenses in connection with a drug-diversion scheme that lasted from 2007 to 2009.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: criminal
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.