GovernmentAuctions

1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Friday, April 3, 2015

Medtronic (#MDT) Settles Third Federal Charge Since Move To Ireland

Domestic manufacture is a required component of many military and Veterans Administration contracts. Congress has mandated that the United States use its purchasing power to buy goods made in the United States or in designated countries.  We take that mandate seriously and will not hesitate to take appropriate legal action to ensure compliance. - U.S. Attorney Andrew M. Luger of the District of Minnesota
The Department of Justice announced that Medtronic (NYSE: MDT) has agreed to pay $4.41 Million to settle allegations that it violated the False Claims Act by giving false statements to the U.S. Department of Veterans Affairs (VA) and the U.S. Department of Defense (DoD). 
Between 2007 and 2014 Medtronic sold products manufactured in China and Malaysia which are prohibited countries under the Trade Agreements Act of 1979 (TAA). Medtronic allegedly purchased spinal surgery devices from China and then relabeled them “Manufactured in Memphis, TN” before selling them to the VA and DoD certifying that they were made in the USA. The suit was originally filed by three whistle-blowers that will receive a total of  $749,700 of the recovered funds. 
Yesterday's settlement was the third federal lawsuit against the company since the company moved its headquarters from Minnesota to Dublin, Ireland in January.  On Feb. 5 the company settled allegations of over-billing for $1.25 million and on Feb. 6 it agreed to pay $2.8 million to settle claims for billing non-reimbursable procedures. Wrong-doing has been denied in all three cases.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.