The US subsidiary of Japanese camera and medical-equipment maker Olympus Corp. said Friday it is under investigation by the DoJ for possible violations of anti-kickback and false claims laws.
Olympus Corporation has been under investigation since November 2011 for possible violations of laws that normally apply to inappropriately encouraging medical professionals and institutions to buy goods and services.
An Olympus spokeswoman said the company entered into discussion with the U.S. authorities in the October-December quarter. “We can’t say this would really affect our upcoming financial results, and even if it does, we don’t know when we would feel the impact.”
Full Content: Market Watch
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