Violation Tracker Individual Record

Company: 
Fresenius Medical Care AG & Co. KGaA
Current Parent Company: 
Fresenius
Penalty: 
$84,715,273
Year: 
2019
Date: 
March 29, 2019
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

Fresenius Medical Care AG & Co. KGaA, a German-based provider of medical products and services, agreed to pay approximately $84 million to resolve criminal charges of violations of the Foreign Corrupt Practices Act in connection with corrupt schemes to obtain business in multiple foreign countries.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
non-prosecution agreement
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
healthcare services
Specific Industry of Parent: 
healthcare services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.