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Violation Tracker Individual Record

Company: CVS Caremark Corp.
Current Parent Company: CVS Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $15,600,000
Year: 2008
Date: March 18, 2008
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: CVS Caremark agreed to pay $15.6 million to settle multistate litigation alleging that the company from 2000 to 2006 improperly switched patients from the tablet version of the prescription drug Ranitidine (generic Zantac) to a more expensive capsule version in order to increase Medicaid reimbursement. This was part of a larger $36.7 million settlement involving 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: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
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.