NEW YORK, Nov. 4, 2014 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential wrongdoing at Bio-Rad Laboratories, Inc.
("Bio-Rad" or the "Company") (NYSE: BIO).
The investigation focuses on whether the Company and its
officers breached their fiduciary duties by causing or allowing
Bio-Rad to engage in corrupt and illegal practices, particularly in
connection with the Company's business in Russia and Southeast
Asia.
On November 3, 2014, Bio-Rad
announced the resolution of investigations conducted by the U.S.
Department of Justice ("DOJ") and Securities and Exchange
Commission ("SEC") into the Company's violations of the Foreign
Corrupt Practices Act ("FCPA") between the years 2005 and 2010 in
Russia, Vietnam and Thailand.
Although the DOJ declined to prosecute Bio-Rad, the parties
entered into a Non-Prosecution Agreement through which Bio-Rad will
be charged a total of roughly $55
million. The Company is also required to implement more
stringent compliance and reporting measures over the next two
years.
Request more information now by clicking here:
www.faruqilaw.com/BIO. There is no cost or obligation to
you.
Take Action
If you currently own Bio-Rad stock and have continuously owned
Bio-Rad stock since at least January 1,
2005, and would like to discuss your legal rights, please
visit www.faruqilaw.com/BIO. You can also contact us
by calling Stuart Guber toll free at
(215) 277-5770 or by sending an e-mail to
sguber@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Bio-Rad's conduct to
contact the firm, including whistleblowers, former employees,
shareholders and others.
Attorney Advertising. The law firm responsible for this
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(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential
manner.
FARUQI & FARUQI, LLP
101 Greenwood Avenue Suite 600
Jenkintown, PA 19046
Attn: Stuart Guber
sguber@faruqilaw.com
Telephone: (215) 277-5770
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