Becton Dickinson and Co. (BD) has reached a settlement with the U.S. Securities and Exchange Commission (SEC) over allegations that it misled investors regarding the risks associated with its Alaris infusion pump. The company has agreed to pay a fine of $175 million to resolve these charges, which also included claims of overstating income. The SEC announced the settlement on December 16, 2024. In a separate case, drugmaker Sandoz has entered into a $275 million settlement to address an antitrust lawsuit, although it does not admit to any wrongdoing related to the allegations, which include price-fixing of generic drugs.
Drugmaker Sandoz reaches $275 million settlement to resolve antitrust case 👉 The company does not, however, admit guilt in any of the allegations against it, which includes price-fixing of generic drugs. https://t.co/7F0wXKdo00 https://t.co/eIuKv13dcF
Becton Dickinson to pay $175M to settle SEC probe https://t.co/0RM0LORskY
Becton Dickinson & Co. has agreed to pay $175 million to settle the SEC's allegations that the medical device manufacturer misled investors about the risks of selling its Alaris infusion pump and overstated its income, the agency announced. https://t.co/gHZ0mZs2Ah