WASHINGTON (dpa-AFX) - Forest Laboratories Inc. (FRX) announced Friday that the Office of the Inspector General, Department of Health and Human Services or HHS-OIG has notified Howard Solomon, Forest's Chairman, Chief Executive Officer and President, that it has decided not to pursue his exclusion from federal healthcare programs.
Previously, Solomon had been notified that HHS-OIG was considering his exclusion in connection with matters that were settled by Forest in 2010.
The HHS-OIG letter states: 'Based on a review of the information in our file and consideration of the information that your attorneys provided to us, both in writing and during an in-person meeting, we have decided to close this case. We anticipate no further action related to this matter.'
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