A federal appeals court has affirmed the conviction of the former head of a medical device company on charges of making false statements to the U.S. Food and Drug Administration.
John Schulte, the former chief executive officer of Spectranetics Corp. in Colorado Springs, was convicted in 2012 on one count of making false statements but acquitted on 11 other counts, including conspiracy, in a case alleging the company illegally brought in unapproved devices from foreign manufacturers. He was sentenced to one year of probation.
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