Medco settles California pension fund kickback case
Medco has agreed to pay $2.7 million to settle an investigation into influence-peddling at California's largest public pension fund.
By Judy Lin|March 26, 2012 at 07:27 AM
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SACRAMENTO, Calif. (AP) — A New Jersey company that manages prescription benefits has agreed to pay $2.7 million to settle an investigation into influence-peddling at California’s largest public pension fund, officials announced Friday.
The California attorney general’s office said Medco Health Solutions Inc. also has agreed to change its internal procedures.
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