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Violation Tracker Individual Record

Company: Valeant Pharmaceuticals International, Inc.
Current Parent Company: Bausch Health
Penalty: $23,000,000
Year: 2022
Date: February 22, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Valeant agreed to pay $23 million to settle class action litigation alleging it employed a secret network of captive pharmacies to thwart generic competition, thus driving up costs for third-party payors.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 3:16cv3087
Case Name: Airconditioning and Refrigeration Industry Health and Welfare Trust Fund et al v. Valeant Pharmaceuticals International, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Canada
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.