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Violation Tracker Individual Record

Company: Becton, Dickinson and Company
Current Parent Company: Becton Dickinson
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $175,000,000
Year: 2024
Date: December 16, 2024
Offense Group: financial offenses
Primary Offense: investor protection violation
Mega-Scandal: Medical Equipment Hazards
Violation Description: The Securities and Exchange Commission announced settled charges against Becton, Dickinson and Company, a New Jersey-based medical device manufacturer known as BD, for repeatedly misleading investors about risks associated with its continued sales of its Alaris infusion pump and for overstating its income by failing to record the costs of fixing multiple software flaws with the pump.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical supplies
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.