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Violation Tracker Individual Record

Company: CVS Pharmacy, Inc
Current Parent Company: CVS Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $77,600,000
Year: 2010
Date: October 14, 2010
Offense Group: healthcare-related offenses
Primary Offense: Controlled Substances Act violation
Violation Description: CVS Pharmacy, Inc. admitted that it unlawfully sold pseudoephedrine to criminals who made methamphetamine. As part of the agreement with federal prosecutors, CVS agreed to pay $75 million in civil penalties and to forfeit the $2.6 million in profits the company earned as a result of the illegal conduct.
Level of Government: federal
Action Type: agency action
Agency: Drug Enforcement Administration
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: CVS to Pay Largest Ever Civil Penalty Under Controlled Substances Act, Targeted News Service, October 14, 2010 (via Nexis).
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.