Picture of Rite Aid logo

RADCQ Rite Aid News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesHighly SpeculativeMicro CapNeutral

US says Rite Aid to pay $101mln over alleged false rebate reporting

WASHINGTON, July 10 (Reuters) - Rite Aid Corporation and
several of its subsidiaries agreed to pay $101 million to
resolve allegations of failing to accurately report drug rebates
to Medicare, the U.S. Justice Department said on Wednesday.
    The Justice Department also said the corporation and 10 
subsidiaries and affiliates would settle allegations that they
violated the False Claims Act and the Controlled Substances Act
related to opioid dispensing. 

 (Reporting by Ismail Shakil and Katharine Jackson; editing by
Susan Heavey)
 ((Katharine.Jackson@thomsonreuters.com; 202-898-8300;))

Recent news on Rite Aid

See all news