Violation Tracker Individual Record

Company: 
Medco Health Solutions, Inc.
Current Parent Company: 
Cigna
Penalty: 
$7,800,000
Year: 
2005
Date: 
December 20, 2005
Offense Group: 
government-contracting-related offenses
Primary Offense: 
False Claims Act and related
Violation Description: 

overcharging the State Teachers Retirement System

Level of Government: 
state
Action Type: 
agency action
Agency: 
Ohio Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Ohio
HQ Country of Parent: 
USA
HQ State of Parent: 
Connecticut
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
healthcare services
Specific Industry of Parent: 
insurance; managed care
Source of Data: 

Attorney General Petro Wins $7.8 Million Verdict Against Merck, Medco for Defrauding Teachers' Pension System, US States News, December 20, 2005 (via Nexis).

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.