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Violation Tracker Individual Record

Company: McKesson Corp.
Current Parent Company: McKesson
Penalty: $350,000,000
Year: 2009
Date: July 23, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Drug Pricing Abuses
Violation Description: McKesson agreed to pay $350 million to consumer co-pay class members, third party payors and cash payors to settle its role in litigation alleging that it conspired to raise average wholesale prices for thousands of drugs.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:05cv11148
Case Name: New England Carpenters Health Benefits Fund et al v. First Databank, Inc., et al
Private Lawsuit Resolution Type: settlement
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.