Ex-FDA Head To Plead Guilty To Lying About Stocks

Law360, New York (October 16, 2006, 12:00 AM EDT) -- Former Food and Drug Administration director Lester Crawford will plead guilty to charges he lied about his ownership of several stocks regulated by the FDA when he headed the agency.

The Department of Justice’s fraud and public corruption section filed papers in the U.S. District Court in Washington, accusing Crawford of falsely reporting that he had sold stock in companies governed by FDA rules.

In 2004, Crawford stated that he had sold Sysco Corp. and Kimberly-Clark Corp. shares that he had owned. However, both he and...
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