McKesson (MCK) will pay $190M to settle government allegations that the drug distribution giant...

|About: McKesson Corporation (MCK)|By:, SA News Editor

McKesson (MCK) will pay $190M to settle government allegations that the drug distribution giant improperly inflated drug prices that led to overbilling the Medicaid system. The company still denies the charges, but says it weighed the its convictions against the uncertainty of litigation, and determined a settlement was in the best interests of all involved.