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Violation Tracker Individual Record

Company: Medco Health Solutions
Current Parent Company: Cigna
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $2,750,000
Year: 2012
Date: March 23, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: The California Attorney General announced that Medco agreed to pay $2.75 million and change internal procedures to settle claims regarding its engagement of Alfred Villalobos to assist it in securing a CalPERS contract in 2005.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data: (click here)
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.