Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Watson, Inc.
Current Parent Company: Teva Pharmaceutical Industries
Parent at the Time of the Penalty Announcement: Teva Pharmaceutical Industries
Jurisdiction: United States
Region: North America
Penalty Currency: U.S. Dollar
Penalty Amount in Original Currency: 33,408,547
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $33,408,547
Year: 2018
Date: January 29, 2018
Agency: Mississippi Attorney General
Offense Group: government-contracting-related offenses
Offense Category: government contracting fraud
Description: Watson, Inc. was ordered to pay more than $33 million in judgment of alleged improper reporting of the average wholesale price of its drugs, causing Medicaid to pay inflated amounts.
HQ Country of Current Parent: Israel
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 this record on U.S. Violation Tracker: here
VTG Record ID: VTG24-11987