We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Immucor Lays SEC, Shareholder Actions To Rest

Law360 (September 28, 2007, 12:00 AM EDT) -- Immucor Inc. washed its hands this week of litigation that accused it of covering up its alleged involvement in a hospital bribery scandal in Italy, settling with the U.S. Securities and Exchange Commission and winning court approval of its $2.5 million deal with shareholders.

With its Thursday settlement with the SEC, which had accused it of Securities Exchange Act violations, the Norcross, Ga.-based blood transfusion instruments maker agreed to a cease-and-desist order but didn't have to pay any penalties. Chief executive Gioacchino De Chirico laid to...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.