regulatory
confidence high
sentiment neutral
materiality 0.50
NeoGenomics settles DOJ investigation for $9.8M; reserve was $11.2M
NEOGENOMICS INC
- Settlement amount $9,813,260 plus 4.25% interest from Jan 16, 2026 to the U.S.
- Company had accrued $11.2M reserve; settlement is below that reserve.
- Self-disclosed to OIG-HHS in November 2021; DOJ acknowledged cooperation.
- Resolves investigation into consulting services under Laboratory Collaboration Initiative.
- Settlement is neither an admission of liability nor a concession by the U.S.