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Violation Tracker Individual Record

Company: Omnicare Inc.
Current Parent CompanyCVS Health
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Recap of Ownership Changes subscribe to see this data field
Penalty: $124,240,000
Year: 2014
Date: June 25, 2014
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Omnicare Inc., a large provider of pharmaceuticals and pharmacy services to nursing homes, agreed to pay $124.24 million for allegedly offering improper financial incentives to skilled nursing facilities in return for their continued selection of Omnicare to supply drugs to elderly Medicare and Medicaid beneficiaries.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
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.