WAYNE, Pa., Nov. 5, 2014 /PRNewswire/ -- Ryan & Maniskas,
LLP has commenced an investigation into potential securities law
violations by certain officers of Bio-Rad Laboratories, Inc.
("Bio-Rad" or the "Company") (NYSE: BIO).
Bio-Rad shareholders who purchased Bio-Rad shares should contact
Richard A. Maniskas, Esquire at
877-316-3218 or at rmaniskas@rmclasslaw.com to learn more about
this investigation or visit:
www.rmclasslaw.com/cases/bio.
On November 3, 2014, Bio-Rad
announced the full resolution of previously disclosed
investigations by the U.S. Department of Justice ("DOJ") and
Securities and Exchange Commission ("SEC") into past violations of
the Foreign Corrupt Practices Act ("FCPA") that occurred from 2005
to 2010 related to Thailand,
Vietnam, and Russia.
Although the DOJ declined to prosecute Bio-Rad, the parties
entered into a Non-Prosecution Agreement under which Bio-Rad has
agreed to pay a penalty of $14.35
million. Under the terms of the civil settlement with the
SEC, the Company will pay $40.7
million in disgorgement and prejudgment interest. The
Company has also agreed to certain future reporting, compliance and
self-monitoring provisions over the next two years.
If you own Bio-Rad shares and would like to learn more about
these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free: (877) 316-3218 or visit:
www.rmclasslaw.com/cases/bio. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
CONTACT: Ryan & Maniskas,
LLP
Richard A. Maniskas,
Esquire
995 Old Eagle School Rd., Suite
311
Wayne, PA
19087
877-316-3218
rmaniskas@rmclasslaw.com
www.rmclasslaw.com/cases/bio
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SOURCE Ryan & Maniskas, LLP