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Violation Tracker Individual Record

Company: Sandoz Inc.
Current Parent CompanySandoz Group
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Penalty: $150,000,000
Year: 2011
Date: November 28, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalDrug Pricing Abuses
Violation Description: Sandoz agreed to pay $150 million to settle litigation alleging that it reported inflated average wholesale prices.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:08cv10852 MDL 1456
Case Name: Ven-A-Care v. Actavis Mid Atlantic, LLC 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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.