Bankrupt K-V Discovery Reaches $23.8M Settlement With States, Federal Government

Bankrupt K-V Discovery Reaches $23.8M Settlement With States, Federal Government

NEW YORK - Bankrupt pharmaceutical company K-V Discovery Solutions Inc. on Aug. 28 reached an agreement under which it will pay the United States and certain states asserting Medicaid claims $23.8 million to settle criminal fines and claims made against the bankruptcy estate (In Re: K-V Discovery Solutions Inc., No. 12-13346, Chapter 11, S.D. N.Y. Bkcy.).

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