SEC charges Johnson & Johnson with bribery; settles for $70 million

Posted in: Medical Malpractice- Apr 08, 2011 1 Comment

The Securities and Exchange Commission today charged Johnson and Johnson (J&J) with violating the Foreign Corrupt Practices Act (FCPA) by bribing public doctors in several European countries and paying kickbacks to Iraq to illegally obtain business. The SEC alleges that since at least 1998, subsidiaries of the New Brunswick, N.J.-based pharmaceutical, consumer product, and medical [...]