June 25, 2004  Rite-Aid

Rite-Aid Corporation, a national retail pharmacy chain, has agreed to pay $7 Million Dollars to settle allegations asserted in two qui tam actions. The allegations asserted in those actions were that Rite-Aid allegedly billed government health care programs for drugs that were never delivered to the beneficiaries of the such programs (Medicaid, Tricare Management Activity and the Federal Health Benefits Program) and were later returned to stock.

The individuals who filed the qui tam cases, Larry B. Friedman and Marion Tucker Altman Jr., were collectively awarded over $1.1 Million Dollars for having filed the suits.

See U.S. Dept of Justice Press Release 6/25/04

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