Friday, July 27, 2012

McKesson Corp Settles With States

Twenty-nine states won their lawsuit against the McKesson Corp, on Friday.

McKesson Corp had been accused of over charging for medicaid prescriptions from 2001-2009.

The states settled for a total of $151 million dollars from the San Fransisco company.

In April, the federal government settled it's own lawsuit against McKesson Corp, for $187 million.

Kris Fortner, Mckesson Corp's spokesman, said that the claims had no basis, but that settling was "in the best interest of our employees, customers, suppliers and shareholders."

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