Violation Tracker Individual Record
Company:
Mylan N.V.
Current Parent Company:
Mylan
Penalty:
$30,000,000
Year:
2019
Date:
September 27, 2019
Offense Group:
financial offenses
Primary Offense:
investor protection violation
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 Parent:
Netherlands (reincorporated for tax reasons)
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
pharmaceuticals
Specific Industry of Parent:
pharmaceuticals
Source of Data:
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.
