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Violation Tracker Individual Record

Company: Boston Scientific Corp.
Current Parent CompanyBoston Scientific Corp.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $74,000,000
Year: 2005
Date: June 24, 2005
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Violation Description: Boston Scientific agreed to pay $74 million to the United States to resolve an ongoing investigation concerning its 1998 distribution and subsequent recall of one of its coronary stent delivery systems.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-District of Massachusetts
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical devices
Source of Data: BOSTON SCIENTIFIC AGREES TO PAY $74 MILLION TO RESOLVE ALLEGATIONS THAT IT SHIPPED ADULTERATED, MISBRANDED MEDICAL DEVICES, US Fed News, June 24, 2005 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.