Judge nixes $42M Orthofix, Justice Dept. settlement

September 7, 2012 by MassDevice staff

A federal judge in Massachusetts rejects a proposed settlement between Orthofix International and the U.S. Justice Dept. over charges that it illegally promoted its bone-growth stimulators.

Orthofix

A federal judge in Boston yesterday put the kaibosh on a $42 settlement deal between Orthofix (NSDQ:OFIX) and the U.S. Justice Dept. over charges that the medical device company illegally promoted its bone-growth stimulators.

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