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Article: Bristol-Myers Squibb Announces Agreement With the U.S. Attorney's Office in New Jersey.
- Article from:
- PR Newswire
- Article date:
- June 15, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, June 15 /PRNewswire-FirstCall/ -- Bristol-Myers Squibb Company announced today that it has resolved the investigation by the U.S. Attorney's Office in New Jersey relating to wholesaler inventory and various accounting matters, in a Deferred Prosecution Agreement (Agreement) with the government. The government will not pursue its filed criminal complaint if it is satisfied after two years that the company has complied with all of the terms of the Agreement. Under the Agreement, the company will make an additional payment of $300 million to the shareholder fund previously established in connection with the company's settlement with the Securities and Exchange ...