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28 Apr 2016, 7:11 am by Robert Kraft
Reuters reports the Justice Department said Tuesday the Japanese company Olympus Corp’s US Olympus Corp of the Americas and Olympus Latin America Inc units agreed to pay $312.4 million in criminal penalties and an additional $310.8 million for civil claims to resolve allegations regarding kickbacks paid to doctors and hospitals that allowed those units to make over $600 million in sales and $230 million in gross profits. [read post]
15 Jun 2017, 9:33 am
Our brave client Theresa Bigler testified this week in her case against Olympus Corp., the maker of a medical scope linked to several superbug outbreaks around the U.S. and Europe, including the one that took the life of her husband, Rick Bigler, in 2013. [read post]
20 Dec 2016, 5:48 pm by Luvera Law Firm
We are representing Theresa Bigler with a wrongful death claim against Olympus Corp. after her husband died in 2013, following being infected by one of its contaminated medical scopes at Virginia Mason Medical Center. [read post]
15 Mar 2016, 7:05 am by Robert Kraft
The Wall Street Journal reported that the Food and Drug Administration approved a modified version of Olympus Corp. [read post]
19 May 2017, 7:53 am by Robert Kraft
Ted Lieu (D-CA) “is calling for Japanese prosecutors to investigate Olympus Corp. for not warning American hospitals that its medical scope was transferring lethal bacteria to patients. [read post]
20 Dec 2016, 9:44 am
Three senior executives at scope maker Olympus Corp., which is under federal investigation for its role in superbug outbreaks, repeatedly invoked their Fifth Amendment right against self-incrimination when questioned recently about internal company emails. [read post]
14 Dec 2011, 7:38 am by Marc Goldstein
The special committee formed to investigate recent events at Olympus Corp. has issued its report on what has turned into Japan's biggest corporate scandal in years, one which has brought the 92-year-old company to the brink of delisting. [read post]
24 Mar 2016, 9:01 am by Ben Vernia
On March 1, the Department of Justice announced that Olympus Corp. and a Latin American subsidiary had agreed to pay a combined $646 million to settle allegations that the firm paid kickbacks to physicians and hospitals in the U.S. and abroad. [read post]
12 Sep 2022, 11:03 am by Geoff Cockrell
Shore Capital Partners will sell EyeSouth Partners to Olympus Corp. for just under $1 billion, Axios reports. [read post]
10 Nov 2011, 12:03 am by Kevin LaCroix
For those of you who like me have been watching in disbelief as the accounting scandal engulfing Olympus Corp. has slowly unfolded like a slow-motion train wreck, I am sure you have many questions, but one that occurs to me in particular to ask is – why haven’t there been any lawsuits yet? [read post]
14 Nov 2011, 11:03 pm by Paul Caron
Reuters, A History of Audit Failures, by David Cay Johnston: The admission by Olympus Corp that it falsified financial reports for more than a decade should not shock anyone. [read post]
1 Sep 2015, 7:45 am by Robert Kraft
The Los Angeles Times reports that Huntington Memorial Hospital “said it has alerted health authorities about” a suspected outbreak linked to patients with pseudomonas bacteria and the Olympus Corp. duodenoscopes used to treat them. [read post]
25 Jul 2014, 10:48 am by Eric Guttag
With the Supreme Court’s most recent foray into the patent-eligibility world in Alice Corp. v. [read post]
1 Feb 2016, 7:37 am by Robert Kraft
In a nearly 2,400-word analysis, the Los Angeles Times examined how “even as patients died and others were put at risk,” Olympus Corp. [read post]
7 Mar 2012, 5:34 am by Joe Palazzolo
Charges sought: Japan’s securities watchdog requested the indictment of Olympus Corp. and six individuals allegedly involved in the company’s $1.5 billion accounting scandal. [read post]
3 Aug 2016, 12:38 am by Caesar and Napoli, P.C.
In the five years between January 2010 and October 2015, roughly 350 patients have undergone gastrointestinal procedures with contaminated scopes produced by the Tokyo-based company Olympus Corp. [read post]
3 Aug 2016, 12:38 am by Caesar and Napoli, P.C.
In the five years between January 2010 and October 2015, roughly 350 patients have undergone gastrointestinal procedures with contaminated scopes produced by the Tokyo-based company Olympus Corp. [read post]
25 Jul 2014, 10:48 am by Eric Guttag
With the Supreme Court’s most recent foray into the patent-eligibility world in Alice Corp. v. [read post]
29 Oct 2015, 7:47 am by Robert Kraft
 The Washington Post “To Your Health” reports that the Food and Drug Administration on Monday ordered duodenoscope makers Olympus America, Fujifilm Medical Systems and Hoya Corp to “conduct real-world evaluations on how well health care workers are cleaning and disinfecting the devices. [read post]