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BRIEF-Allergan announces civil resolution concluding federal investigation into Forest sales & marketing practices
December 15, 2016 / 7:31 PM / 7 months ago

BRIEF-Allergan announces civil resolution concluding federal investigation into Forest sales & marketing practices

1 Min Read

Dec 15 (Reuters) - Allergan Plc :

* Allergan announces civil resolution concluding federal investigation into Forest sales & marketing practices

* Settlement will resolve a Qui Tam litigation pending in United States district court for eastern district of Wisconsin, 12-CV-366

* Agreement will not affect Allergan's ongoing business with any customers, including government

* Forest has agreed to enter into settlements with state medicaid programs in connection with same investigation

* Its indirect subsidiaries Forest Laboratories LLC and Forest Pharmaceuticals have reached a civil resolution with federal government

* Under terms of settlement agreement, Forest will pay a total of $38 million to federal government and any settling states to resolve all civil claims Source text for Eikon: Further company coverage:

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