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Teva's Russian Subsidiary Pleads Guilty To FCPA Charge

Law360, Miami (June 16, 2017, 7:37 PM EDT) -- 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.

U.S. District Judge Kathleen M. Williams scheduled Friday's hearing in Miami to cover Teva LLC's entry of a guilty plea for one count of conspiracy to violate the FCPA as a result of a scheme involving bribes...
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Case Information

Case Title

Securities and Exchange Commission v. Teva Pharmaceutical Industries Ltd.


Case Number

1:16-cv-25298

Court

Florida Southern

Nature of Suit

Securities/Commodities

Judge

K. Michael Moore

Date Filed

December 22, 2016


Case Title

USA v. Teva LLC


Case Number

1:16-cr-20967

Court

Florida Southern

Nature of Suit

Date Filed

December 22, 2016

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