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Company: LifeWatch Services Inc.
Current Parent Company:
Royal Philips
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $18,500,000
Year: 2012
Date: March 23, 2012
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: LifeWatch Services Inc., a Rosemont, Ill.-based company, agreed to pay the United States $18.5 million to resolve allegations that the company submitted false claims to federal health care programs.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.