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Company: Medtronic
Current Parent Company:
Medtronic
Parent at the Time of the Penalty Announcement:
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Penalty: $362,362
Year: 2014
Date: September 18, 2014
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: Medtronic agreed to settle a lawsuit brought by the attorneys general of New York, Oregon, Texas and California alleging that it improperly induced physicians to recommend Medtronic devices to treat cardiac rhythmic disease. This was part of a larger $9.9 million settlement involving the federal government; see the Violation Tracker entry at
(click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Ireland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical devices
Source of Data:
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Source Notes: If an online information source is not working, check the Violation Tracker
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.