CVS settles federal claims in Oklahoma for $11 million

Oklahoma City -- CVS Caremark Corp. will pay $11 million to settle federal claims that the company’s pharmacies in the state violated record-keeping requirements of the Controlled Substances Act.

Federal prosecutor Sanford Coats said Wednesday that CVS has agreed to the settlement to resolve all allegations. However, while CVS said that its stores must comply with the record-keeping requirements, it does not admit liability.

The allegations against CVS were that some of its stores created false Drug Enforcement Administration registration numbers that were sometimes provided to state prescription drug monitoring programs.