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Violation Tracker Individual Record

Company: McKesson Corporation
Current Parent Company: McKesson
Penalty: $151,000,000
Year: 2012
Date: July 26, 2012
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal: Drug Pricing Abuses
Violation Description: McKesson, one of the largest drug wholesalers, agreed to pay $151 million to settle multistate litigation alleging that the company inflated the price of prescription drugs by as much as 25 percent, causing the states' Medicaid programs to overpay millions of dollars in pharmacy reimbursements. This was separate from a $190 million settlement the company reached with the federal government on the same issue; 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: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: wholesalers
Specific Industry of Current Parent: wholesalers-medical supplies
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.