Penalty Amount
$29,600,000
Minnesota Attorney General Keith Ellison joined a 48-state coalition in a $29.6 million settlement with generic-drug manufacturer Glenmark to resolve allegations of a widespread conspiracy to artificially inflate and manipulate prices, reduce competition, and restrain trade for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate lawsuits and implement internal reforms to ensure compliance with antitrust laws.
Glenmark will pay $29.6 million nationally, including $187,000 to Minnesota, cooperate in ongoing multistate lawsuits against 33 corporate defendants and 25 individual executives, and implement internal reforms to ensure fair competition and compliance with antitrust laws.
In-house legal teams should review vendor agreements with generic drug manufacturers for any clauses that could facilitate price fixing or market allocation, such as pricing coordination, information sharing, or non-compete provisions. Customer agreements should be examined for pricing terms and any provisions that might restrict competition. Employee contracts and confidentiality agreements should be updated to prohibit discussions with competitors about pricing, market share, or customer allocation. Additionally, compliance programs should include antitrust training and reporting mechanisms for potential collusion.
Entity
Glenmark Pharmaceuticals
Industry
PharmaceuticalsOfficial Press Release
https://www.ag.state.mn.us/Office/Communications/2026/07/17_Glenmark.asp
states glenmark settlement agreement.pdf?rev=9f159e0ead02439
https://portal.ct.gov/-/media/ag/press_releases/2026/states-glenmark-settlement-agreement.pdf?rev=9f159e0ead02439c888fc06b366ed42b&hash=6086FA2E4C7567A135E6904D1722320E
Minnesota Attorney General Enforcement Page
https://www.ag.state.mn.us/consumer/
"Glenmark"
"$29.6 million nationwide settlement with Glenmark"
"Minnesota’s share of today’s settlement with Glenmark that Attorney General Ellison recovered is more than $187,000"
"engaged in a widespread, long-running conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade"
"antitrust laws"
"Glenmark will cooperate in three ongoing multistate lawsuits"
$29.6M
Oregon Attorney General Dan Rayfield and a bipartisan coalition of states reached a $29.6 million settlement with Glenmark, a generic drug manufacturer accused of conspiring with other pharmaceutical companies to inflate prices and limit competition for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate litigations and implement internal reforms to ensure fair competition and antitrust compliance.
$29.6M
Attorney General Phil Weiser joined a bipartisan coalition of 48 states and territories in announcing a $29.6 million settlement with Glenmark Pharmaceuticals. The settlement resolves allegations that Glenmark participated in a widespread conspiracy to inflate prices, reduce competition, and restrain trade for numerous generic prescription drugs. Glenmark also agreed to cooperate in ongoing multistate litigation and implement internal reforms.
Minnesota Attorney General Keith Ellison issued a consumer alert explaining how veterans, their families, and others who believe Trajector Holdings owes them money can file claims in the company’s Chapter 11 bankruptcy. The release announces no privacy violation, enforcement penalty, or remedy against the company.
Minnesota and 39 other attorneys general filed a notice in Character Technologies, Inc.’s bankruptcy proceedings raising concerns about the company’s safety and privacy practices and the sensitive information it holds, including children’s private chatbot conversations. The states seek protections for consumers in any sale or transfer of the business or assets; the filing does not impose a penalty or establish a final remedy.
The Minnesota Attorney General filed an Assurance of Discontinuance requiring Auto Tech Donations, Inc. to dissolve after finding that its solicitations and governance did not comply with state requirements. Its president was banned from forming or serving as an officer or director of nonprofits and must provide restitution to donors whose vehicles he resold for personal benefit.
Minnesota Attorney General Keith Ellison and a coalition of 26 states, counties, and cities filed a lawsuit challenging NHTSA’s rule weakening fuel-economy standards for new cars and light trucks. The coalition alleges the rule violates the Administrative Procedure Act and the Energy Policy and Conservation Act; the press release describes a lawsuit filing, not a monetary penalty or final judgment.