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Violation Tracker Individual Record

Company: Mylan N.V.
Current Parent Company: Viatris
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Penalty: $30,000,000
Year: 2019
Date: September 27, 2019
Offense Group: financial offenses
Primary Offense: investor protection violation
Mega-Scandal: Drug Pricing Abuses
Violation Description: Mylan N.V. agreed to pay $30 million to settle SEC allegations relating to allegations of accounting and disclosure failures relating to a Department of Justice probe into whether Mylan overcharged Medicaid by hundreds of millions of dollars for EpiPen, its largest revenue and profit generating product.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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.