Stryker Paid $911,219 to Resolve Allegations of Overbilling Federal Agencies
Company: Stryker Corporation
Summary
In 2014, Stryker Corporation paid $911,219 to resolve a False Claims Act lawsuit alleging that it and a distributor failed to disclose complete pricing and projected-sales information to government negotiators. The Justice Department said the alleged conduct allowed Stryker products to avoid heightened scrutiny under a Department of Veterans Affairs Federal Supply Schedule contract and resulted in federal agencies allegedly purchasing medical products at inflated prices. Stryker and the distributor resolved the case without admitting wrongdoing. Source: U.S. Department of Justice, Central District of California https://www.justice.gov/usao-cdca/pr/two-medical-product-companies-pay-more-1-million-resolve-false-claims-lawsuit-alleged