Originally Published MD&DI April 2007
NEWS TRENDS
Crawford Hit with Larger-than-Expected Fine
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Crawford must pay a $90,000 fine for owning stock in FDA-regulated companies.
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Crawford was also ordered to perform 50 hours of community service and pay for the costs of his supervised probation. Senior FDA employees are not allowed to own stock in companies whose products are regulated by the agency.
Although Crawford took responsibility for his actions, Magistrate Judge Deborah Robinson questioned Crawford’s level of remorse, according to published reports. But Robinson didn’t sentence him to any jail time.
Crawford pled guilty to conflict-of-interest and false-reporting charges in October 2006. Under the maximum penalty, he could have faced one year in jail and $100,000 for each charge.
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