Who paid the largest criminal fine in United States history?

Asked by: Tiffany Grant  |  Last update: June 29, 2025
Score: 4.8/5 (21 votes)

Pfizer promoted the sale of Bextra for several uses and dosages that the FDA specifically declined to approve due to safety concerns. The company will pay a criminal fine of $1.195 billion, the largest criminal fine ever imposed in the United States for any matter.

What is the largest fine in US history?

Binance Violates the Banking Secrecy Act — $4.3 Billion

The monitor will examine Binance's accounts and transactions, certifying that the company complies with U.S. federal regulations. The Binance fine is the largest penalty in the history of the U.S. Treasury Department.

Did Pfizer get a fine for 1.3 billion?

The settlement amount includes both the civil (False Claims Act) settlement and criminal fine. Glaxo's $3 billion settlement included the largest civil False Claims Act settlement on record, and Pfizer's $2.3 billion ($3.5 billion in 2022) settlement including a record-breaking $1.3 billion criminal fine.

What drug company has had the biggest lawsuit?

$7.4 billion. Purdue Pharma holds the dubious distinction of being forced to pay the largest health care fraud settlement in U.S. history. A bipartisan coalition of 15 states and other parties reached a $7.4 billion settlement with members of the Sackler family and their company Purdue Pharma, Inc.

Is Pfizer guilty of bribing doctors?

Pfizer Agrees to Pay Nearly 60M to Resolve False Claims Allegations Relating to Improper Physician Payments by Subsidiary. Note: View the settlement here. Pharmaceutical company Pfizer Inc. (Pfizer), on behalf of its wholly-owned subsidiary Biohaven Pharmaceutical Holding Company Ltd.

Who paid the largest criminal fine in history?

22 related questions found

What company has paid the largest criminal fine?

Pfizer promoted the sale of Bextra for several uses and dosages that the FDA specifically declined to approve due to safety concerns. The company will pay a criminal fine of $1.195 billion, the largest criminal fine ever imposed in the United States for any matter.

Has Pfizer ever been convicted of a crime?

Pfizer, the world's largest drug maker, pleaded guilty on 13 May to numerous civil and criminal charges for illegally promoting the off-label use of gabapentin (Neurontin). It has agreed to pay a $240m (£136m; €200m) criminal fine and $152m to state and federal healthcare programmes.

What is the largest medical fine in history?

Drugmaker Pfizer Inc. and one of its subsidiaries agreed to pay $2.3 billion to settle civil and criminal charges regarding its marketing of the drug Bextra.

What is the largest legal payout in history?

The Biggest Lawsuit Ever: The Tobacco Settlement — $206 Billion.

What is the biggest lawsuit ever won by a single person?

Tobacco Awards

However, there have been two awards to individuals that top the list of personal injury amounts. In 2002, a California jury awarded Betsy Bullock $28 billion who began smoking at 17 and developed lung cancer which spread to her liver at the age of 64.

What is the largest settlement in US history?

The largest settlement in US history is the Tobacco Master Settlement Agreement at $206 billion, making it not just the largest personal injury settlement but the largest legal settlement overall.

How much did Pfizer make off the COVID vaccine?

Total sales of the Pfizer/BioNTech vaccine surpassed $80 billion, and more than 400 million doses of the shot and subsequent boosters have been administered in the U.S. alone.

Why was John Kopchinski fired?

Kopchinski, 45, worked in South Florida until he was fired by the company in 2003. By then he was already talking with lawyers about evidence he had accumulated on the company's marketing of Bextra, a painkiller withdrawn from the market in 2005 amid safety concerns.

What is the largest bank fine ever recorded?

$1.3 billion penalty to FinCEN—the largest penalty ever assessed.

What is the largest individual civil fine in history?

The record for an individual fine is $200 million (£122 million), which Michael Milken agreed to pay on 24 April 1990 in settlement of a criminal racketeering and securities fraud suit brought by the US government. In addition, he agreed to settle civil charges filed by the Securities and Exchange Commision.

What are the top 3 financial crimes?

Financial crime is commonly considered as covering the following offenses: Fraud. Money laundering. Terrorist financing.

What is the highest paid law case?

In this article, we will look at some of the lawsuit settlements that have involved some of the highest amounts of money ever.
  • 1998 – The Tobacco Master Settlement Agreement – $206 Billion. ...
  • 2010 – Deepwater Horizon BP Oil Spill – $20 Billion. ...
  • 2012 – Smartphone Wars – $40 Billion.

What is the largest casino payout ever?

Biggest 7 Wins in Gambling History
  • Biggest 7 Wins in Gambling History. ...
  • $39.7 Million - Excalibur Casino, Las Vegas (2003) ...
  • $34.9 Million - Desert Inn, Las Vegas (2000) ...
  • $27.6 Million - Palace Station, Las Vegas (1998) ...
  • $22 Million - MGM Grand Casino, Las Vegas: Kerry Packer.

What is the highest paying malpractice?

The Top 10 Types of Medical Malpractice with the Highest Payouts in the US
  • Delay in Treatment of Identified Fetal Distress – 2 Payments of ~$22.5M.
  • Failure to Treat – ~$22.5M.
  • Delay in Performance – ~$22.5M.
  • Improper Performance – ~$22.5M.
  • Contraindicated Procedure – ~$19.5M.
  • Improper Conduct – ~$19.5M.

What was the biggest medical lawsuit in history?

1. $74.5 Million | Negligence & Falsified Medical Records. In California, doctors failed to properly deliver a baby. The doctor in charge chose not to perform an episiotomy, did not use forceps during the delivery and failed to assess contractions.

What is the Lipitor scandal?

In 2012, Pfizer and Ranbaxy were initially sued, alleging that the two companies were in an antitrust scheme after the Lipitor patent had run out and had delayed the entry of generic cholesterol medication onto the market.

What is the largest fine in medical history?

Pfizer was fined $US2. 3 billion ($A2. 8 billion), the largest healthcare fraud settlement in US history, for trying to sell drugs for uses not approved by the regulators.

Is Pfizer under a CIA?

Although Pfizer was subject to a prior CIA, it has consistently and voluntarily strengthened its compliance program beyond those requirements, including enhancements to the company's comprehensive product risk assessment and mitigation process and compliance monitoring operations.

What is the largest fine in pharma history?

GlaxoSmithKline (2012)

GlaxoSmithKline, LLC pled guilty for unlawfully promoting prescription drugs and failing to report safety information. This settlement came out to $3 billion. The money was used as follows: $2 billion for civil liabilities; $43.1 million for forfeiture; and $956.8 million for criminal fines.