FCPA: High Risks For The Medical Device Industry

Law360, New York (July 2, 2007, 12:00 AM EDT) -- In a recent public announcement, Johnson & Johnson disclosed that it may have violated the Foreign Corrupt Practices Act and had reported potential violations to the Department of Justice and the Securities and Exchange Commission. Johnson & Johnson’s disclosure highlights the risks of FCPA violations for the medical device industry.

It also reflects a broader trend of increased FCPA enforcement, as do recent cases involving multimillion dollar fines.

*Risks for medical device industry*

Medical device companies are particularly at risk with respect to FCPA violations. In...
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