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Violation Tracker Individual Record

Company: Forest Laboratories LLC
Current Parent CompanyAbbVie
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Penalty: $750,000,000
Year: 2020
Date: May 27, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: generic drug pay for delay
Mega-ScandalGeneric Drug Pay for Delay
Violation Description: Forest Laboratories agreed to pay $750 million to direct purchasers to settle litigation alleging it conspired to block a generic version of the Alzheimer's drug Namenda.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:15cv7488
Case Name: In re Namenda Direct Purchaser Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.