Violation Tracker Individual Record

Company: 
CVS Caremark Corp.
Current Parent Company: 
CVS Health
Penalty: 
$15,600,000
Year: 
2008
Date: 
March 18, 2008
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 https://violationtracker.goodjobsfirst.org/violation-tracker/-cvs-carema...

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Rhode Island
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-pharmacies
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.