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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: $98,000,000
Year: 2009
Date: November 3, 2009
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Violation Description: Nursing home pharmacy Omnicare Inc. agreed to pay $98 million and drug manufacturer IVAX Pharmaceuticals of agreed to pay $14 million to resolve allegations that Omnicare engaged in kickback schemes with several parties, including IVAX.
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.