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Company: Abbott Laboratories
Current Parent Company:
Abbott Laboratories
Parent at the Time of the Penalty Announcement:
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Penalty: $32,500,000
Year: 2003
Date: October 27, 2003
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Mega-Scandal:
Healthcare Kickbacks
Violation Description: Abbott Laboratories agreed to pay $32.5 million to resolve multistate litigation alleging that one of its subsidiaries offered kickbacks to undercover agents to purchase its products and then advised them how to fraudulently bill government programs for those items. This was part of a larger $600 million civil and criminal settlement involving the federal government; see the Violation Tracker entry at
(click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
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:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
