Bristol-Myers Faces Italian Scrutiny Over '90s Ops

Law360, New York (October 27, 2011, 4:00 PM EDT) -- Italian prosecutors have asked for a judicial administrator to be placed in charge of Bristol-Myers Squibb Co. subsidiaries in that country as part of an investigation into its operations during the 1990s, the drug giant revealed Thursday.

In a quarterly report with the U.S. Securities and Exchange Commission, the New York-based drug company said that the investigation, which began in July, involves the actions of a former employee of its BMS Italy subsidiary who left the company in the 1990s.

The request by the Florence Public...
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