Former MiMedx CEO sentenced to year in prison for fraud scheme

Ex-MiMedx CEO Parker Petit reportedly received a year-long prison sentence after a conviction for a fraud scheme involving the company. Reuters reported that U.S. District Judge Jed Rakoff in his decision yesterday cited Petit’s age (81 years old), his current diagnosis of bladder cancer and history of charitable work as reasons that the sentence is … Continue reading Former MiMedx CEO sentenced to year in prison for fraud scheme