Penalty Amount
$400,000,000
Connecticut Attorney General William Tong announced a $400 million settlement with Sandoz Inc. and Fougera Pharmaceuticals Inc. resolving allegations that the generic drug manufacturers conspired to inflate prices, limit competition, and restrain trade. The settlement includes consumer restitution and injunctive reforms; court approval was being sought.
Sandoz agreed to pay $400 million in the settlement and to injunctive terms, including internal reforms intended to promote fair competition and compliance with antitrust laws. The settlement provides restitution for eligible consumers who purchased certain generic prescription drugs.
This release concerns antitrust conduct, not privacy violations. In supplier, distributor, and customer agreements, review provisions on pricing, market allocation, exchange of competitively sensitive information, benchmarking, and contacts with competitors; ensure they do not facilitate coordination or restrict competition. For employee agreements and policies, review confidentiality and communications rules, antitrust training, escalation procedures, and record-preservation requirements. The release does not identify privacy-specific contract changes.
Entity
Sandoz Inc. and Fougera Pharmaceuticals Inc.
Industry
HealthcareOfficial Press Release
https://portal.ct.gov/ag/press-releases/2026-press-releases/settlement-with-sandoz-over-conspiracy-to-inflate-prices-and-limit-competition
10126 sandoz.pdf?rev=c03b3e10817347d2a4841735609723eb&hash=3
https://portal.ct.gov/-/media/ag/press_releases/2026/10126-sandoz.pdf?rev=c03b3e10817347d2a4841735609723eb&hash=3C325E94B27F1845C6219992FDC0DF90
Connecticut Attorney General Enforcement Page
https://portal.ct.gov/AG/Privacy/Privacy-Resources
"with Sandoz Inc. and Fougera Pharmaceuticals Inc."
"a $400 million settlement"
"compliance with antitrust laws"
"engaged in a widespread, long-running conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade"
"a coalition of 43 states and territories"
$400.0M
New York Attorney General Letitia James and a coalition of 47 other attorneys general secured a $400 million settlement with Sandoz Inc. and Fougera Pharmaceuticals Inc. over an alleged scheme to coordinate generic drug prices and reduce competition. The settlement provides for consumer compensation and requires Sandoz to implement antitrust compliance reforms, including annual staff training and a Chief Compliance Officer.
$469.0M
Colorado joined a 43-state-and-territory settlement resolving allegations that Sandoz and Fougera participated in a long-running conspiracy to inflate generic drug prices, reduce competition, and restrain trade. The companies agreed to pay approximately $469 million and implement reforms; the states are seeking court approval.
Connecticut Attorney General William Tong joined a multistate coalition suing the EPA over its repeal of greenhouse gas pollution limits for power plants and separately filed a notice of intent to sue over regulation of existing gas plants. The coalition asks the court to overturn the repeal and restore the protections; the release reports no monetary penalty or final order.
Connecticut Attorney General William Tong joined a coalition of 21 attorneys general in submitting a comment letter opposing a DHS rule that allows certain affirmative asylum applications to be referred to removal proceedings without an asylum officer interview. The coalition argues the rule violates federal law and harms asylum seekers, including unaccompanied children; this was a policy opposition letter, not a privacy enforcement action.
Connecticut and Massachusetts co-led a coalition protest urging FERC to reject the proposed NextEra Energy-Dominion Energy merger. The coalition argued that the merger could increase market power and threaten energy affordability, reliability, and competition; the release does not report a final enforcement decision or penalty.
Connecticut officials warned residents about potential home improvement scams before an approaching nor’easter, including unlicensed contractors, high-pressure sales tactics, and demands for full payment upfront. The release provides consumer guidance on checking contractors and contract requirements; it does not announce an enforcement action or penalty against a named entity.