Market Overview

Wright Medical Group Announces Deferred Prosecution Agreement Expires

Wright Medical Group (NASDAQ: WMGI) today announced that the
Deferred Prosecution Agreement (DPA) entered into effective September
29, 2010 with the United States Attorney's Office for the District of
New Jersey has expired. The Company satisfied its obligations under the
DPA and has received a Notice of Dismissal of the Complaint filed
against it in this matter in the United States District Court for the
District of New Jersey.

“We have taken significant steps to ensure that we successfully
completed the DPA and have an effective, sustainable, global compliance
program,” stated Robert Palmisano, President and Chief Executive
Officer. “While exiting the DPA is an important milestone, executing an
effective and efficient compliance system and

See full press release

Posted-In: News Guidance Management

 

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