Violation Tracker Individual Record

Olympus Corp. of the Americas
Current Parent Company: 
March 1, 2016
Offense Group: 
competition-related offenses
Primary Offense: 
kickbacks and bribery
Secondary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

The largest U.S. distributor of endoscopes and related equipment agreed to pay $623.2 million to resolve criminal charges and civil claims relating to a scheme to pay kickbacks to doctors and hospitals. A subsidiary of the distributor agreed to pay $22.8 million to resolve criminal charges relating to the Foreign Corrupt Practices Act in Latin America.

Level of Government: 
Action Type: 
agency action
Justice Department Criminal Division
Civil or Criminal Case: 
civil and criminal
Prosecution Agreement: 
deferred prosecution agreement
HQ Country of Parent: 
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
imaging products
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.