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11 May 2018, 10:24 am
Alere, Inc. and its wholly owned subsidiary Alere San Diego agreed to pay the U.S. $33.2 million to resolve allegations that the medical device manufacturer violated the False Claims Act. [read post]
2 Apr 2018, 5:08 pm
According to DOJ’s press release: Massachusetts-based medical device manufacturer Alere Inc. and its subsidiary Alere San Diego (Alere) have agreed to pay the United States $33.2 million to resolve allegations that Alere caused hospitals to submit false claims to Medicare, Medicaid, and other federal healthcare programs by knowingly selling materially unreliable point-of-care diagnostic testing devices, the Justice Department announced today. [read post]
23 Mar 2018, 8:34 am
A whistleblower initiated lawsuit against Massachusetts-based medical device manufacturer Alere Inc. and its subsidiary resulted in a $33.2 million settlement for knowingly selling materially unreliable point-of-care diagnostic testing devices. [read post]
1 Dec 2017, 2:55 pm
., supra note 2, at 2. [13] Id. [14] See Alere, Inc., Order Instituting Cease-and-Desist Proceedings, Making Findings, and Imposing a Cease-and-Desist Order, Securities Act Release No. 10,417, Exchange Act Release No. 81742 (Sept. 28, 2017), available at https://www.sec.gov/litigation/ad [read post]
29 Nov 2017, 4:23 pm
., supra note 2, at 2. [13] Id. [14] See Alere, Inc., Order Instituting Cease-and-Desist Proceedings, Making Findings, and Imposing a Cease-and-Desist Order, Securities Act Release No. 10,417, Exchange Act Release No. 81742 (Sept. 28, 2017), available at https://www.sec.gov/litigation/ad [read post]
6 Oct 2017, 9:55 am
For example, a case filed in late September (In the Matter of Alere Inc.) is really an accounting case with an FCPA component. [read post]
28 Sep 2017, 8:52 am
A Massachusetts-based medical manufacturer has agreed to pay more than $13 million to settle charges that it committed accounting fraud through its subsidiaries to meet revenue targets and made improper payments to foreign officials to increase sales in certain countries.The Securities and Exchange Commission issued an order finding that the South Korean subsidiary of Alere Inc., which produces and sells diagnostic testing equipment, improperly inflated revenues by prematurely… [read post]
3 Jan 2017, 4:28 pm
While the world of directors’ and officers’ liability is always dynamic, the D&O liability arena was particularly eventful during 2016, with significant implications for what may lie ahead in 2017 – and possibly for years to come. [read post]
13 Dec 2016, 4:23 pm
(here); the April 2016 action involving Alere, Inc. [read post]
10 Aug 2016, 5:23 pm
Among the companies hit this year with corruption related securities suits are PTC, Inc. [read post]
Abbott Labs acquires large Alere patent portfolio in $5.8 billion deal, increasing diagnostic lineup
17 Feb 2016, 3:00 am
Abbott Laboratories (NYSE:ABT) of Chicago, IL, is poised to surge ahead in the global point-of-care medical diagnostics industry by acquiring Alere Inc. [read post]
Abbott Labs acquires large Alere patent portfolio in $5.8 billion deal, increasing diagnostic lineup
17 Feb 2016, 3:00 am
Abbott Laboratories (NYSE:ABT) of Chicago, IL, is poised to surge ahead in the global point-of-care medical diagnostics industry by acquiring Alere Inc. [read post]
19 May 2014, 9:30 am
Urgent Product Recall Issued for Blood Thinner Test Strips Alere Inc has issued an urgent but voluntary Class I product recall for their Alere INRatio2 PT/INR Professional Test Strips due to patient complaints about inaccuracy. [read post]
10 Oct 2012, 6:00 am
Swiss Precision Diagnostics (SPD), a joint venture between Inverness Medical Innovations (n/k/a Alere, Inc.) and Proctor & Gamble, manufactures the CLEARBLUE® Easy™ brand. [read post]
29 Jun 2012, 3:32 am
Bloomberg News reported, “Alere Inc. is recalling 897,000 tests used to detect heart attacks and drug use because of quality control flaws. [read post]
12 Apr 2012, 8:03 am
Screening saves another firm -- Hat tip to conflicts champion Bill Frievogel for detail on: Alere Inc. v. [read post]
15 Nov 2011, 9:44 pm
Aleric Banks and Monique Hines are performing artists from St. [read post]
15 Jan 2008, 3:06 am
Belnick, Inc. [read post]
27 Nov 2006, 1:20 pm
Law Firm Inc. reports in our Nov/Dec 06 issue that the rules "may classify law blogs as ads, and therefore subject them to regulation that threatens to limit their content. [read post]
