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Olympus To Pay $646M To Settle Kickback, FCPA Probes, Law360

Tuesday, March 1, 2016

Japanese camera and medical equipment maker Olympus’ U.S. arm will pay $646 million to settle two different investigations from the federal government over claims it entered into a kickback scheme with physicians and hospitals and violated the U.S. Foreign Corrupt Practices Act, the U.S. Justice Department announced Tuesday.

Morgan Lewis represents Olympus in the FCPA matter.

Read the full Law360 story >>