GlaxoSmithKline Pleads Guilty & Will Pay U.S. $3 Billion To Resolve Fraud Allegations

GlaxoSmithKline Pleads Guilty & Will Pay U.S. $3 Billion To Resolve Fraud Allegations

In the largest health care fraud settlement in U.S. history, prescription drug giant GlaxoSmithKline is set to plead guilty and pay $3 billion to the U.S. government. The settlement will resolve federal criminal and civil inquiries about things ranging from the company’s illegal promotion of some of its products to its failure to report safety data and alleged false price reporting. [More]