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Omnicare News

News on Omnicare (Ticker: OCR) continually updated from thousands of sources around the net.

3 hrs ago | JD Supra

Better Keep Your Opinions to Yourselves for Now: Second Circuit...

On July 16, 2014, a three-judge Second Circuit panel affirmed the dismissal of a securities class action against Deutsche Bank AG and several underwriters.

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Related Topix: Second Circuit Court of Appeals, US News, Banking, Financial Services, Deutsche Bank AG, Home, Mortgage, Personal Finance, Retail, Opinion

7 hrs ago | Business Journal

Market reacts to Omnicare earnings report

Nitin Sahney, who is now president and chief operating officer of Omnicare Inc., will be the company's next CEO.

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Related Topix: Retail

10 hrs ago | Hispanic Business

Omnicare Reports Second-Quarter 2014 Financial Results

Second-Quarter Highlights: * Net sales increase of 7.1% to "We are pleased with our second-quarter results, which reflect consistent execution of our plan to drive long-term growth across our business," said , which generated double-digit increases in revenues and operating income.

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Related Topix: Retail

Wed Jul 16, 2014

JD Supra

False claims by any other name: Medtronic and Omnicare cases...

Government allegations of Medtronic's alleged incentives to physicians for prescribing its medical devices lead company, while denying wrongdoing, to settle False Claims Act suit predicated on Anti-Kickback Statute.

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Related Topix: Retail, Healthcare Law, Law, Prison, Medicare, Medicaid, Health, Food and Drug Administration

Mon Jul 14, 2014

jdsupra.com

Omnicare Settles Two Qui Tam Cases Alleging "Swapping" Kickbacks to Nursing Homes

On June 25, the Department of Justice announced that it had settled with Omnicare, Inc. in two matters alleging that kickbacks resulted from below-cost discounts offered to skilled nursing homes as an inducement to select Omnicare as their pharmacy provider.1 The cases, captioned United States ex rel.

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Related Topix: Retail, US News

Wed Jun 25, 2014

WKYC-TV Cleveland

Omnicare pharmacy company to pay out $124 millionOmnicare pharmacy...

Omnicare pharmacy company to pay out $124 million Omnicare is headquartered in Cincinnati but the federal lawsuit was filed by two whistleblowers in Cleveland.

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Related Topix: Retail, Cleveland, OH, Law, Employment / Labor Law, Medicine, Nursing, Medicaid, Health, Medicare

Reuters

Omnicare in $124 mln settlement over alleged kickbacks

Omnicare Inc will pay $124 million to resolve allegations that it paid kickbacks to secure contracts to supply drugs to nursing homes with Medicare and Medicaid patients, the U.S. Justice Department said on Wednesday.

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Related Topix: Retail

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