Exactech Inc.

Devices & Diagnostics

Florida’s Exactech settles orthopedic implant kickback charges

Exactech Inc. (NASDAQ:EXAC) settled with federal prosecutors over kickbacks charges for $3 million. The Gainsville, Florida-based orthopedic implant device maker will pay the fine and enter into a year-long deferred prosecution agreement with the New Jersey U.S. attorney’s office, which launched a probe into Exactech’s arrangements with physicians in 2007. Exactech said the agreement ends […]