Feds Indict Vascular Solutions, CEO Over Vari-Lase
The U.S. Justice Dept. issues a 9-count indictment charging Vascular Solutions and CEO Howard Root with running an off-label promotion scheme for its Vari-Lase laser varicose vein device.
Feds indict Vascular Solutions, CEO over Vari-Lase A federal grand jury yesterday indicted Vascular Solutions (NSDQ:VASC) and CEO Howard Root, accusing them of running an off-label promotion scheme for its now-discontinued Vari-Lase varicose vein treatment.
Minneapolis-based Vascular Solutions said yesterday that it "vehemently" disagrees with the allegations and "will contest them vigorously," noting that the Vari-Lase Short Kit brought in only $534,000 from 2007 to July 2014, when the company pulled it from the market.
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Feds indict Vascular Solutions, CEO over Vari-Lase A federal grand jury yesterday indicted Vascular Solutions (NSDQ:VASC) and CEO Howard Root, accusing them of running an off-label promotion scheme for its now-discontinued Vari-Lase varicose vein treatment.
Minneapolis-based Vascular Solutions said yesterday that it "vehemently" disagrees with the allegations and "will contest them vigorously," noting that the Vari-Lase Short Kit brought in only $534,000 from 2007 to July 2014, when the company pulled it from the market.
Help employers find you! Check out all the jobs and post your resume.