Olympus Pays $646M In Criminal, Civil Penalties For Kickbacks, False Claims

(March 2, 2016, 11:26 AM EST) -- NEWARK, N.J. — Olympus Corp. of the Americas and a Latin America subsidiary will pay $646 million in criminal and civil penalties for paying kickbacks to health care providers to buy its endoscopes and causing false claims to be paid by federal health care programs, according to documents filed March 1 in the U.S. District Court for the District of New Jersey (United States of America v. Olympus Corporation of the Americas, No. 16-3524, and United States ex rel. Slowik, et al. v. Olympus America. Inc.,...
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