USA v. Teva LLC

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Case overview

Case Number:

1:16-cr-20967

Court:

Florida Southern

Nature of Suit:

Firms

  1. June 16, 2017

    Teva's Russian Subsidiary Pleads Guilty To FCPA Charge

    Generic-drug giant Teva Pharmaceutical's Russian subsidiary pled guilty Friday in Florida federal court to conspiring to violate the Foreign Corrupt Practices Act, and the judge indicated she will accept a sentence that involves a monitoring program and $519 million in payments imposed on the parent company through related cases.

  2. December 22, 2016

    Teva Pharmaceutical To Pay $519M To Settle FCPA Charges

    Teva Pharmaceutical Industries Ltd. will pay $519 million in a deferred prosecution agreement and civil settlement, and a subsidiary will plead guilty after the pharma giant admitted it paid bribes to government officials in Russia, Ukraine and Mexico, the U.S. Department of Justice announced Thursday.