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Violation Tracker Individual Record

Company: Omnicare Inc.
Current Parent CompanyCVS Health
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $28,125,000
Year: 2016
Date: October 17, 2016
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: Omnicare agreed to pay $28.125 million to settle multistate litigation alleging that it conspired with drug manufacturer Abbott Laboratories to increase overall utilization of the drug Depakote through the use of various disguised kickback arrangements. Also involved in the settlement was the federal government, which issued its own announcement; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.