litigation
confidence high
sentiment negative
materiality 0.70
EyePoint settles DOJ False Claims Act probe for $4.68M; enters 5-year CIA
EyePoint, Inc.
- Settlement payment of $4,678,981.86 plus 4.25% interest from Jan 28, 2026, due within 14 days.
- No admission of liability; DOJ releases civil claims related to DEXYCU marketing (kickbacks, sampling).
- 5-year Corporate Integrity Agreement with OIG-HHS requires compliance officer, board oversight, independent review.
- Company also pays $166,500 in relator's attorney fees within 60 days.
- DEXYCU commercialization ended in 2023; company will use cash on hand for payments.