1 unchanged sentence
From time to time, we have been and may again become involved in legal proceedings arising in the ordinary course of our business.
−Removed: Except as described below, we are not presently a party to any litigation or legal proceedings that we believe to be material and we are not aware of any pending or threatened litigation against us that we believe could have a material adverse effect on our business, operating results, financial condition or cash flows.
+Added: We are not presently a party to any litigation or legal proceedings that we believe to be material and we are not aware of any pending or threatened litigation against us that we believe could have a material adverse effect on our business, operating results, financial condition or cash flows.
+Added: Department of Justice Inquiry Settlement
In April 2015, we received a subpoena from the U.S.
Department of Justice, U.S.
−Removed: Attorney’s Office for the District of New Jersey, requiring the production of a broad range of documents pertaining to marketing and promotional practices related to EXPAREL.
−Removed: We are cooperating with the government’s inquiry.
−Removed: We can make no assurances as to the time or resources that will need to be devoted to this inquiry or its final outcome.
−Removed: In December 2019, we reached an agreement in principle with the Department of Justice and more than one state Attorney General’s office (the “Plaintiffs”) on a proposal for a global civil settlement in the amount of $3.5 million, subject to accrual of interest on the settlement amount from the date of the agreement in principle, negotiation of a definitive settlement agreement and other contingencies.
−Removed: As part of the settlement, Pacira will admit no wrongdoing and will explicitly deny the Plaintiffs’ allegations.
−Removed: Pacira has been given assurances that, if the parties can agree to negotiation of the settlement, this will conclude the investigation that originated from the U.S.
+Added: Attorney’s Office for the District of New Jersey pertaining to marketing and promotional practices related to EXPAREL.
+Added: In July 2020, we formally entered into settlement agreements that resolved all outstanding investigations and claims by the U.S.
+Added: Department of Justice, the United States Department of Health and Human Services, various States Attorneys’ General and a private plaintiff.
+Added: This agreement concludes a five-year investigation related to the sale and marketing of EXPAREL.
+Added: Under the various settlement agreements, we paid a global settlement of $3.5 million, which was previously recorded in acquisition-related charges, product discontinuation and other in the consolidated financial statements for the year ended December 31, 2019.
+Added: We expressly deny all allegations and contentions and have admitted no wrongdoing in connection with the settlement agreements.
+Added: We have been given assurances that this concludes the investigation that originated from the U.S.
Department of Justice subpoena in April 2015.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.