Published on 21 Dec 2024 on Benzinga
Financial Crime Weekly: Becton, Dickinson And Co. Pays $175 Million Penalty,...
Becton, Dickinson And Co. Agrees To Pay $175 Million Civil Penalty
The Securities and Exchange Commission on Monday announced it had settled charges against Becton, Dickinson and Company BDX, known as BD, for repeatedly misleading investors about risks associated with its continued sales of its Alaris infusion pump and for overstating its income by failing to record the costs of fixing multiple software flaws with the pump. BD agreed to pay a $175 million civil penalty.