Violation Tracker Individual Record

Company: 
Par Pharmaceuticals, Inc.
Current Parent Company: 
Endo International
Penalty: 
$154,000,000
Year: 
2011
Date: 
August 25, 2011
Offense Group: 
government-contracting-related offenses
Primary Offense: 
False Claims Act and related
Violation Description: 

Par Pharmaceuticals agreed to pay $154 million to five states -- Alaska, Florida, Kentucky, South Carolina and Texas -- to settle litigation alleging that it reported false and inflated prices of medications to state Medicaid programs.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Ireland (reincorporated for tax reasons)
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Source of Data: 

Attorney General Bondi's Office Recovers More than $26 Million from Pharmaceutikcal Company in Medicaid Fraud Settlement, States News Service, August 25, 2011 (via Nexis).

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.