Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Medtronic Inc.
Current Parent Company: Medtronic
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $22,000,000
Year: 2014
Date: May 6, 2014
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: Medtronic announced that it would pay $22 million to settle 950 lawsuits alleging complications from INFUSE Bond Graft products.
Level of Government: federal
Action Type: private litigation
Civil or Criminal Case: civil
Private Lawsuit Resolution Type: settlement
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: (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.