Abbott Settles Stent Kickbacks Case For $5M

Law360, New York (January 2, 2014, 7:51 PM EST) -- Abbott Laboratories will fork over almost $5.5 million to resolve whistleblowers’ False Claims Act allegations that it showered doctors with kickbacks so they would use the company’s stent products, the U.S. Department of Justice said last week.

The settlement, which includes no admission of wrongdoing, will result in two former sales staffers collecting more than $1 million for their efforts in bringing the complaint, the DOJ said Dec. 27. However, the payout is a far cry from the more than $1 billion in Medicare fraud that...
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Case Information

Case Title

United States of America v. Abbott Laboratories, Inc (TV1)


Case Number

3:09-cv-00430

Court

Tennessee Eastern

Nature of Suit

Other Statutory Actions

Judge

Thomas A Varlan

Date Filed

September 28, 2009

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