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Company: Rite Aid Corporation
Current Parent Company:
Rite Aid
Parent at the Time of the Penalty Announcement:
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Penalty: $7,500,000
Year: 2024
Date: July 10, 2024
Offense Group: healthcare-related offenses
Primary Offense: Controlled Substances Act violation
Violation Description: Rite Aid Corporation and 10 of its subsidiaries and affiliates agreed to settle Justice Department allegations under the False Claims Act and Controlled Substances Act regarding the processing of suspicious opioid prescriptions. Under the settlement, the government will be paid $7.5 million and have an allowed, unsubordinated, general unsecured claim of $401.8 million in Rite Aid's bankruptcy case that is pending in the District of New Jersey.
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: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
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.