The Wall Street Journal reported yesterday on one of my FCPA whistleblower clients who helped trigger a quarter billion dollar settlement in the healthcare sector. The WSJ article German Dialysis Firm Reaches Agreement in Bribery Probe explains that “German health-care firm Fresenius Medical Care AG said last week in a regulatory filing that it had reached an agreement in principle with U.S. authorities regarding a long-running foreign-bribery investigation that involved an anonymous whistleblower complaint.” The article goes on to explain how my client reported corrupt practices to the company in 2012, how the company responded quickly by launching an investigation shortly thereafter, and how Fresenius has “recorded €224 million euros ($253.9 million) in charges as the company negotiated with the government over a potential settlement.” Here is a link to the article.
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