Smart hearing company Eargo is the target of a criminal investigation by the U.S. Department of Justice (DOJ), the company said in a Securities and Exchange Commission (SEC) filing Wednesday.
The DOJ is looking into Eargo’s insurance reimbursement claims that it submits on behalf of its customers when they purchase the company’s connected hearing aids.
The probe is part of an “ongoing claims...
San Francisco-based EHR developer Practice Fusion has agreed to pay $145 million alongside an admission that it “solicited and received kickbacks from a major opioid company” in exchange for clinical decision support (CDS) alerts promoting unnecessary prescription opioids, according to a release from the US Department of Justice.
In a settlement announced yesterday (and hinted at in an earnings...
Not so fast? Google’s plans to purchase Fitbit will soon be under the US Department of Justice’s lens. According to a New York Post report, the merger raised antitrust flags at both the DOJ and the Federal Trade Commission, with the former federal agency ultimately winning out.
The Post’s sources said that both of these agencies are hesitant to allow Google an even greater view into individuals’...
Outcome Health the entity may be nearing the end of its legal woes, but some of the individuals wrapped up in the company’s ad scandal aren’t quite out of the woods yet.
A recently unsealed criminal indictment filed in the Northern District of Illinois outlines charges against former CEO and cofounder Rishi Shah, former president and cofounder Shradha Agarwal, former CFO Brad Purdy and former EVP...
Roughly two years after the fact, digital healthcare advertiser Outcome Health is finally closing the loop on its ad fraud scandal. Yesterday the Chicago-based company and the US Department of Justice announced a $70 million settlement alongside an admission that the company’s former executives and employees sold falsified advertising inventory from 2012 to 2017.
“Outcome Health deceived its...
Fitbit's alleged theft of trade secrets from Jawbone, already the subject of a closed ITC case and an ongoing civil court, is being investigated in a third and more serious venue: a criminal grand jury probe, conducted by the Department of Justice and the Department of Homeland Security, that has been looking into the matter for five months, according to a new court filing by Jawbone. Bloomberg...
