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Violation Tracker Individual Record

Company: Abbott Laboratories
Current Parent Company: Abbott Laboratories
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $13,747,929
Year: 2019
Date: October 28, 2019
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: The Illinois Attorney General Kwame announced the recovery of $242 million in a settlement with numerous drug companies resolving allegations the companies inflated the wholesale prices used in setting the rates for Medicaid reimbursements.
Level of Government: state
Action Type: agency action
Agency: Illinois Attorney General
Civil or Criminal Case: civil
Facility State: Illinois
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Link to Archived Court Document:  subscribe to see this data field
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.