H.D. Smith pays fine, charges dismissed

May 15, 2006

H.D. Smith has paid a $2 million civil forfeiture, agreed to modifyits purchasing policies, and implemented a compliance program inreturn for federal authorities dropping all charges against theIllinois wholesaler. The indictment stemmed from a counterfeitLipitor scheme, which led to the conviction of a formernonmanagement Smith employee.

H.D. Smith pays fine, charges dismissed

H.D. Smith has paid a $2 million civil forfeiture, agreed to modify its purchasing policies, and implemented a compliance program in return for federal authorities dropping all charges against the Illinois wholesaler. The indictment stemmed from a counterfeit Lipitor scheme, which led to the conviction of a former nonmanagement Smith employee. The firm says it now buys only directly from drug manufacturers and has implemented state-of-the-art security procedures.

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