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News Breaks | | | | August 22, 2012 | | 17:40 EDT |  | ARTC | Former ArthroCare executives arrested over alleged fraud scheme
Two former senior executives of Austin, Texas-based ArthroCare Corp., a publicly traded medical device company, were arrested this morning in Morristown, N.J. and Orange County, Calif., for their alleged roles in a scheme to defraud the company's shareholders and members of the investing public by falsely inflating ArthroCare's earnings by tens of millions of dollars, announced Assistant Attorney General Lanny A. Breuer of the Department of Justice's Criminal Division and U.S. Attorney Robert Pitman for the Western District of Texas. The department said that the loss to the company's shareholders and the investing public was more than $400 million. | |
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| May 14, 2013 | | 10:10 EDT |  | ARTC | ArthroCare management to meet with Barrington
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