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Violation Tracker Individual Record

Company: Ferring B.V.
Penalty: $3,950,000
Year: 2013
Date: December 18, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Ferring agreed to pay nearly $4 million to indirect purchaser plaintiffs to settle litigation alleging it was part of an effort to block the introduction of a generic version of the diuretic DDAVP.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 7:05-cv-03178
Case Name: Philadelphia Federation of Teachers Health and Welfare Fund v. Ferring B.V., et al
Private Lawsuit Resolution Type: settlement
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.