Orthofix International NV (OFIX) said that a federal False Claims Act complaint filed against the primary manufacturers of bone growth stimulators in the U.S., including the company, has been unsealed by the United States District Court for the District of Massachusetts.
The civil complaint against these manufacturers of bone growth stimulators appears to focus on alleged reimbursement-related false claims associated with the sale versus the rental of those devices.
The company indicated that this week it also received what it believes is a related subpoena from the Department of Justice requesting documentation for a period from 1995 to 2009. The company believes the DOJ is requesting information primarily related to claims for reimbursement for the sale of stimulation devices.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.