The United States Department of Justice extended the deferred prosecution agreement for Biomet related to Foreign Corrupt Practices Act violations in October 2013, before Zimmer announced it would acquire the company, according to a Seeking Alpha report.
Biomet became aware of violations in October 2013 and conducted an internal investigation. The executives and employees involved in the violations were disciplined or terminated and the company discussed the situation with the Securities and Exchange Commission in April last year.
The investigation is ongoing, but the DOJ could bring further actions against Biomet if the DOJ determines the company's activities breached the deferred prosecution agreement. The agreement is extended for another year.