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Violation Tracker Individual Record

Company: Bayer Corporation
Current Parent Company: Bayer
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $6,200,000
Year: 2001
Date: January 23, 2001
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Bayer agreed to pay $6.2 million to settle multistate litigation alleging that the company overstated the price of its drugs, causing doctors and pharmacies to submit fraudulently inflated claims to the Medicaid program. This was part of a larger $14 million settlement that also involved the federal government; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.