SEC Launches FCPA Investigation Into Wright Medical

Law360, New York (June 11, 2008, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission has targeted another medical device company for alleged violations of the Foreign Corrupt Practices Act by opening an informal investigation of Wright Medical Group Inc.

Wright subsidiary Wright Medical Technology Inc. received a letter from the SEC that said regulators had identified possible violations of the act and would be opening an informal probe to investigate further.

The company said Tuesday that the SEC investigation relates to “the sale of medical devices on a number of foreign countries by companies...
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