Par Pharmaceutical Settles Medicaid Suits For $154M

Law360 (April 27, 2011, 10:43 PM EDT) -- Par Pharmaceutical Companies Inc. said Wednesday that it will pay $154 million to settle allegations brought by state attorneys general and a whistleblower pharmacy in Texas, Florida and other states that it inflated its drug prices for Medicaid.

The settlement would resolve claims brought under state and federal law by whistleblower Ven-A-Care of the Florida Keys Inc. on behalf of the U.S., Texas and Florida in addition to suits launched by attorneys general of Alaska, South Carolina and Kentucky.

The settlement is the latest victory for state attorneys general, which have actively pursued drug companies that overcharge the states' Medicaid agencies...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!