NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP is investigating Bio-Rad Laboratories, Inc. (“Bio-Rad” or the “Company”) (NYSE:BIO) in connection with possible breaches of fiduciary duty by the Board of Directors of the Company.
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On November 3, 2014, the Company announced the resolution of previously-disclosed investigations by the Department of Justice and Securites and Exchange Commission, concerning past violations of the Foreign Corrupt Practices Act between 2005 and 2010. Bio-Rad has agreed to pay a penalty of $14.35 million, and under the terms of a civil settlement with the SEC, the Company will also pay $40.7 million in disgorgement and prejudgment interest.
If you own common stock in Bio-Rad and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/bio-rad-laboratories-bio.
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