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Company: Purdue Frederick Company Inc.
Current Parent Company:
Purdue Pharma
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $600,000,000
Year: 2007
Date: May 10, 2007
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: opioid crisis litigation
Mega-Scandal:
Opioid Crisis
Violation Description: Purdue Frederick Company Inc. pleaded guilty to charges of misbranding Purdue's addictive and highly abusable drug OxyContin. It agreed to pay a total of $600 million to the federal government, state governments and private claimants to settle civil and criminal allegations. Purdue executives were personally required to pay an additional $34 million.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Western District of Virginia
Civil or Criminal Case: civil and criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
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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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.