J&J Risperdal Off-Label Settlement Includes Exec Pay Recoupment Provision

Janssen subsidiary pleads guilty as part of $2.2 billion deal that also requires audits of sales rep compensation.

The $2.2 billion settlement between the Department of Justice and Johnson & Johnson includes a provision that is emerging as a new standard component in such deals: the company has the right to recoup annual performance pay of executives in the event of misconduct.

The five-year corporate integrity agreement (CIA) signed as part of the deal is the third CIA to include this provision, following those of GlaxoSmithKline PLC Also see...

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