An Illinois federal judge approved the dismissal of a whistleblower lawsuit against Omnicare, following a settlement agreement on July 9, according to local media reports.
Omnicare to settle whistle-blower suit
By
McKnight's Staff
Aug 27, 2012
Omnicare agreed to settle over claims it provided a kickback when it bought Total Pharmacy services LLC in 2004. Terms of the deal were not released.
Broker admits using nursing home residents as pawns in annuities scheme, agrees to $850,000 settlement
By
Tim Mullaney
Aug 04, 2014
The mastermind of a financial fraud that victimized nursing home residents has admitted wrongdoing and will pay $850,000 in a settlement, the Securities and Exchange Commission announced Thursday.