Violation Tracker Individual Record

Company: 
Bristol-Myers Squibb
Current Parent Company: 
Bristol-Myers Squibb
Penalty: 
$30,000,000
Year: 
2016
Date: 
July 18, 2016
Offense Group: 
competition-related offenses
Primary Offense: 
kickbacks and bribery
Violation Description: 

The California Insurance Commissioner reached a $30 million settlement with pharmaceutical giant Bristol-Myers Squibb over allegations of drug marketing fraud and physician kickbacks.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Insurance
Civil or Criminal Case: 
civil
Facility State: 
California
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
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.