Health & Fitness
Health and Fitness
Health and Fitness
Mon, June 13, 2011
Fri, June 10, 2011
Thu, June 9, 2011
Wed, June 8, 2011 
DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm, is investigating certain officers and directors of Eli Lilly & Co. (NYSE: LLY) (aLillya) for possible breaches of fiduciary duty and other federal and state laws. Lilly has been under investigation by the U.S. Department of Justice (aDOJa) and the U.S. Securities and Exchange Commission (aSECa) for possible violations of the Foreign Corrupt Practices Act (aFCPAa) since August of 2003.
"resolve a probe into potential violations of the FCPA."
The FCPA is designed to prevent undue influence and beneficial market position in foreign countries through bribery and similar practices. Violations of the FCPA that resolve in settlements with the SEC often result in substantial civil penalties to the company affecting shareholder interests. Concerned Lilly shareholders are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].
In a 10-Q filed with the SEC on April 29, 2011, Lilly announced that it is ain advanced talksa with the SEC to aresolve a probe into potential violations of the FCPA.a The firma™s investigation of Lilly relates to an SEC and DOJ probe into allegations that US drug giant Lilly, may have violated United States law beginning in 2003 through its Polish division. That investigation widened as other potential violations were brought under scrutiny in Lillya™s practices in other overseas markets. Lilly has disclosed that subpoenas have been issued by the SEC for documents and requests for further information regarding potential violations by its subsidiaries in other countries made by the DOJ.
Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm, led by former federal judge Joe Kendall and a former U.S. Attorney, is a national securities firm that represents shareholders when publicly traded companies violate the law. Current shareholders who have information or questions are urged to contact attorney Scott Kendall at the Kendall Law Group for more information.
