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Company: Akorn Operating Company LLC
Current Parent Company:
Akorn Inc.
Parent at the Time of the Penalty Announcement:
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Penalty: $7,900,000
Year: 2022
Date: September 15, 2022
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Pharmaceutical company Akorn Operating Company LLC agreed to pay $7.9 million to resolve allegations that it caused the submission of false claims to Medicare Part D, in violation of the False Claims Act, for three generic drugs that were no longer eligible for Medicare coverage.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: privately held
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.
