Violation Tracker Individual Record
Company:
CVS Pharmacy, Inc
Current Parent Company:
CVS Health
Penalty:
$77,600,000
Year:
2010
Date:
October 14, 2010
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 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 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.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
