Subpoenas From the U.S. Attorney TO ISTA

Quote






OCI said:
Actually, we would like to hear it.

If you are not represented by counsel, give me a call at 240-276-9402. (If you are represented by counsel, please tell your counsel you are going to call before you do.)
Click to expand...

I have no problem calling you but first, who are you? Govt or work for Ista. I understand both could have significant $ involved.
 


































































Check out the 10 k form released today. Not dismissed


In April 2008, we received subpoenas from the office of the U.S. Attorney for the Western District of New York requesting information regarding the marketing activities related to XIBROM. We are cooperating with the government’s investigation. From April 2008 through December*31, 2011, we have incurred approximately $5.2 million, including $1.3 million incurred in 2011, in legal fees associated with this criminal investigation and expect to incur significant expenses in the future. In October 2011, we, and certain of our officers and current and former employees received correspondence from the government identifying them as targets. Tolling agreements have been executed to allow cooperation and discussions regarding resolution. If the government chooses to engage in civil litigation or initiate a criminal prosecution against us, our officers or our current or former employees, as a result of its review of the requested documents and other evidence, we may have to incur significant amounts to defend such actions or pay or incur substantial fines or penalties, on behalf of ourselves, our officers or our current or former employees, any of which could significantly deplete our cash resources. The case is ongoing and the likelihood of an unfavorable outcome and/or the amount/range of loss or additional expenses, cannot be reasonably estimated.
 






Anonymous said:
Check out the 10 k form released today. Not dismissed


In April 2008, we received subpoenas from the office of the U.S. Attorney for the Western District of New York requesting information regarding the marketing activities related to XIBROM. We are cooperating with the government’s investigation. From April 2008 through December*31, 2011, we have incurred approximately $5.2 million, including $1.3 million incurred in 2011, in legal fees associated with this criminal investigation and expect to incur significant expenses in the future. In October 2011, we, and certain of our officers and current and former employees received correspondence from the government identifying them as targets. Tolling agreements have been executed to allow cooperation and discussions regarding resolution. If the government chooses to engage in civil litigation or initiate a criminal prosecution against us, our officers or our current or former employees, as a result of its review of the requested documents and other evidence, we may have to incur significant amounts to defend such actions or pay or incur substantial fines or penalties, on behalf of ourselves, our officers or our current or former employees, any of which could significantly deplete our cash resources. The case is ongoing and the likelihood of an unfavorable outcome and/or the amount/range of loss or additional expenses, cannot be reasonably estimated.
Click to expand...

THIS THE ORGINIAL POST. THIS IS NOT NEW DUMB ASS.
 


















past and current employees as 'targets' ? Oops. I guess selling off-label doesn't get you anything in the end. I will always wonder why people would do that especially for a company like this. They treat us like shit and demand that we break the law to stay. Pretty amazing. I'm looking. Can't stay here any longer.
 






Anonymous said:
past and current employees as 'targets' ? Oops. I guess selling off-label doesn't get you anything in the end. I will always wonder why people would do that especially for a company like this. They treat us like shit and demand that we break the law to stay. Pretty amazing. I'm looking. Can't stay here any longer.
Click to expand...

Thank God. Good bye!
 


















Top Bottom
Back
Quote