January 18, 2017
Orthofix International N.V., Jeffrey Hammel, CPA, Brian McCollum, Kenneth Mack, Bryan McMillan
SANCTION AMOUNT: $14,530,260
Defendants: Orthofix International N.V.
Jeffrey Hammel, CPA, Brian McCollum, Kenneth Mack, Bryan McMillan
Settlement of cases brought against medical device company Orthofix International and former executives for accounting and FCPA violations. The company improperly booked revenue in certain instances and made improper payments to doctors at government-owned hospitals in Brazil in order to increase sales.
- Key Docs
- Official SEC press release