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Violation Tracker Individual Record

Company: Sandoz Inc.
Current Parent Company: Sandoz Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $85,000,000
Year: 2020
Date: June 9, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Sandoz agreed to pay $85 million to settle litigation alleging it and Momenta Pharmaceuticals conspired to control the generic market for blood thinners.
Level of Government: federal
Action Type: private litigation
Court: Middle District of Tennessee
Civil or Criminal Case: civil
Case ID: 3:15cv1100
Case Name: The Hospital Authority of Metropolitan Government of Nashville and Davidson County, Tennessee v. Momenta Pharmaceuticals, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (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.