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Violation Tracker Individual Record

Company: Par Pharmaceuticals, Inc.
Current Parent Company: Endo International
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Penalty: $154,000,000
Year: 2011
Date: August 25, 2011
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal: Drug Pricing Abuses
Violation Description: Par Pharmaceuticals agreed to pay $154 million to five states -- Alaska, Florida, Kentucky, South Carolina and Texas -- to settle litigation alleging that it reported false and inflated prices of medications to state Medicaid programs.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Ireland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: Attorney General Bondi's Office Recovers More than $26 Million from Pharmaceutikcal Company in Medicaid Fraud Settlement, States News Service, August 25, 2011 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.