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ArthroCare enters into deferred prosecution agreement, +10.9% AH

  • ArthroCare (ARTC) +10.9% AH enters into a deferred prosecution agreement with the Justice Department which resolves the DOJ investigation regarding allegations of securities and related fraud committed under a previous management team.
  • As part of the agreement, ARTC will pay a $30M fine to the DOJ and maintain a compliance program that it must report on annually.
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