Medtronic Probed Over Trade Agreements Act Compliance

Law360, New York (June 26, 2013, 12:06 PM EDT) -- Minnesota-based Medtronic Inc. on Monday disclosed that federal authorities have inquired about the medical device maker's compliance with the Trade Agreements Act, which requires government contractors to certify that products sold to the U.S. come from designated countries.

Medtronic received a letter May 6 from the U.S. Attorney's Office for the District of Minnesota “requesting information relating to the company's compliance with the Trade Agreements Act,” according to a filing with the U.S. Securities and Exchange Commission.

Medtronic said it is “fully cooperating with the inquiry."...
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.