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Company: King Soopers
Current Parent Company:
Kroger
Parent at the Time of the Penalty Announcement:
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Penalty: $13,000,000
Year: 2005
Date: October 21, 2005
Offense Group: healthcare-related offenses
Primary Offense: Controlled Substances Act violation
Violation Description: King Soopers, City Market, and their parent company, Kroger, agreed to pay a record $7 million settlement for systemic violations of the Controlled Substances Act by the company's pharmacies. In addition to the penalty, Kroger agreed to implement a pharmacy compliance program estimated to cost over $6 million dollars in all 1,900 of its pharmacies nationwide.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-District of Colorado
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-supermarkets
Source of Data: KING SOOPERS AGREES TO PAY RECORD AMOUNT FOR VIOLATIONS OF CONTROLLED SUBSTANCES ACT, US Fed News, October 21, 2005 (via Nexis).
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.