- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2025-01-22T15:41:00
Walgreens skimped on compliance and filled millions of prescriptions for narcotics that weren’t medically necessary, the Department of Justice (DOJ) alleged in a complaint against the company, first brought by four whistleblowers.
The U.S. has been in the grip of a massive opioid addiction epidemic, fueled by prescription pain killers, primarily Oxycontin, the DOJ and states have alleged in dozens of lawsuits against opioid manufacturer Purdue Pharma and others.
The lawsuits allege the epidemic has been fueled by misinformation about the true addictiveness of the drugs, and the willingness of national pharmacy chains to forego compliance and dispense potentially fraudulent opioid prescriptions. Pharmacies are required under the Controlled Substances Act (CSA) to validate prescriptions for addictive drugs before filling them.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2025-04-03T13:40:00Z By Adrianne Appel
A Federal Trade Commission case against insulin price gouging has come to a screeching halt after two Democratic commissioners were fired by President Donald Trump.
2024-06-12T02:35:00Z By Jeff Dale
Sanctions compliance officers face myriad challenges as complex geopolitical situations heighten risks worldwide, experts discussed during Compliance Week’s Third-Party Risk Management & Oversight Summit.
2022-09-12T16:22:00Z By Jaclyn Jaeger
Two cases involving five retail pharmacy chains winding their way through court foretell a long and costly road ahead for all companies across the pharmaceutical supply chain battling litigation for their alleged roles in fueling the opioid epidemic.
2025-05-08T21:43:00Z By Aaron Nicodemus
A decision by the Securities and Exchange Commission to close an investigation into the cash sweep program at Morgan Stanley may affect decision-making at other financial institutions under similar scrutiny.
2025-05-07T20:31:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau (CFPB) signaled a softer regulatory approach last month, easing its investigation of financial firms following the U.S. government’s broader efforts under President Donald Trump to scale back regulatory enforcement on businesses. The agency reaffirmed this pivot as it will ease scrutiny of “Buy Now, ...
2025-05-06T20:44:00Z By Aaron Nicodemus
A significant settlement in a U.S. tax fraud case against Credit Suisse contains numerous compliance lessons related to beneficial ownership and due diligence in mergers and acquisitions.
Site powered by Webvision Cloud