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Published On: Sat, Nov 3rd, 2018

Gary Tanner and Andrew Davenport Sentenced for Illegal Kickback Scheme

Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that GARY TANNER, a former executive at Valeant Pharmaceuticals International, Inc. (“Valeant”), was sentenced today to 1 year and 1 day in prison, and ANDREW DAVENPORT, the former chief executive officer (“CEO”) of Philidor Rx Services LLC (“Philidor”), was sentenced today to 1 year and 1 day in prison, after having been found guilty by a federal jury for engaging in a multimillion-dollar kickback scheme.  TANNER and DAVENPORT were sentenced in Manhattan federal court by Senior United States District Judge Loretta A. Preska, who also presided over the defendants’ four-week jury trial in May 2018.

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U.S. Attorney Geoffrey S. Berman said:  “Gary Tanner and Andrew Davenport conspired to deceive and defraud Tanner’s employer, Valeant, in order to enrich them both.  Tanner was entrusted to manage Valeant’s relationship with Davenport’s company.  Instead, they devised a scheme to pillage Valeant and share the proceeds.  Now Tanner and Davenport have been sentenced for their crimes.”

In addition to the prison sentence, Judge Preska sentenced TANNER, 41, of Gilbert, Arizona, and DAVENPORT, 50, of Haverford, Pennsylvania, to two years of supervised release, and ordered each to forfeit approximately $9.7 million.

TANNER and DAVENPORT were found guilty by a unanimous jury on May 22, 2018, of conspiracy to commit honest services wire fraud, honest services wire fraud, conspiracy to violate the Travel Act, and conspiracy to commit money laundering.

Mr. Berman praised the work of the Federal Bureau of Investigation, and thanked the United States Securities and Exchange Commission for its cooperation and assistance.

This case was prosecuted by the Office’s Securities and Commodities Fraud Task Force and its Complex Frauds and Cyber Crime Unit.  Assistant U.S. Attorneys Richard Cooper and Amanda Kramer are in charge of the prosecution.

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