SMITH & NEPHEW: Complying with Agreements on Business Practices

Smith & Nephew plc complies with agreements entered into with the U.S. Attorney’s Office in Newark, N.J., and the Office of the Inspector General (OIG) of the U.S. Department of Health and Human Services over the Company’s business practices.

In March…

SMITH & NEPHEW: Working with SEC & DOJ on Foreign Sales Probe

Smith & Nephew plc is working with the U.S. Securities and Exchange Commission and U.S. Department of Justice’s investigation over the sale of medical devices in certain foreign countries.

In September 2007, the SEC notified the Company that it was conducting…

SMITH & NEPHEW: 2009 Hearing Expected in Suit v. Excess Carriers

Smith & Nephew plc says that a hearing, in a lawsuit filed in federal district court in Memphis, Tenn., against certain insurance carriers, is expected to commence in late 2009.

In August 2003, the Company withdrew voluntarily from all markets the…

SMITH & NEPHEW: Contract Breach Lawsuit Settled in January 2009

Smith & Nephew plc and other parties, in January 2009, agreed to settle all disputes over breach of warranties in a 2007 purchase agreement.

In 2008, the Company commenced arbitration against the vendors of a company acquired by the Company in…