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Becton Dickinson settles charges over infusion pump risks, SEC says

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WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday that it had settled charges with Becton Dickinson (NYSE:BDX) and Co. over allegations it misled investors about risks associated with its Alaris infusion pump.

The SEC said Becton Dickinson agreed to pay a $175 million civil penalty to settle the charges, which also allege that the company overstated its income by failing to disclose the costs of software repairs associated with the pump.

This post appeared first on investing.com
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