Biomet Receives Subpoena from Department of Justice, Antitrust Division
June 26 2006 - 7:49AM
Business Wire
Biomet, Inc. (NASDAQ:BMET) announced today that it has received a
federal grand jury subpoena issued at the request of the U.S.
Department of Justice, Antitrust Division, requesting documents
regarding possible violations of federal criminal law, including
possible violations of the antitrust laws, relating to the
manufacture and sale of orthopedic implant devices. The subpoena
requests documents from January 1, 2001 through the present date.
It is the Company's belief that similar inquiries have been
directed to other companies in the orthopedics industry. The
Company intends to fully cooperate with the Department of Justice
inquiry.
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