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Company: St. Jude Medical Inc.
Current Parent Company:
Abbott Laboratories
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $3,650,000
Year: 2012
Date: May 31, 2012
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: St. Jude Medical Inc. agreed to pay the United States $3.65 million to resolve civil allegations under the False Claims Act that the company inflated the cost of replacement pacemakers and defibrillators purchased by the Departments of Defense and Veterans Affairs.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.