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Violation Tracker Individual Record

Company: Abbott Laboratories, Inc.
Current Parent CompanyAbbVie
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Recap of Ownership Changes subscribe to see this data field
Penalty: $357,000
Year: 2009
Date: November 13, 2009
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: A group of seven pharmaceutical companies agreed to pay Iowa a total of $4.3 million to settle a lawsuit alleging false reporting of average wholesale prices, thus increasing costs for the state's Medicaid program. The announcement did not specify how much each company would pay. Here we assume the total was divided equally among them.
Level of Government: state
Action Type: agency action
Agency: Iowa Attorney General
Civil or Criminal Case: civil
Facility State: Iowa
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data(click here)
Notes: Abbott Laboratories, Inc.; Amgen, Inc.; Baxter International, Inc. (and associated companies); Ben Venue Laboratories, Inc.; Boehringer Ingelheim Roxane, Inc. (and associated companies); Immunex Corp.; and Roxane Laboratories, Inc. collectively agreed to pay $2.5 million in settlement
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.