HENRY SCHEIN INC
HSIC
Health Care
6
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Henry Schein agreed to pay $1.1 million for allegedly violating the Civil Monetary Penalties Law by providing improper remuneration to customers in the form of points redeemable for products and services.
A lawsuit filed in 2008 (Case No. 08-2497) alleged employment discrimination against Henry Schein, Inc. under diversity jurisdiction (28:1332).
On March 2, 2023, Henry Schein Inc. agreed to pay $1.5 million to settle SEC charges for improper accounting practices related to its dental distribution business.
Henry Schein Inc. agreed to pay over $12 million to resolve charges related to violations of the Foreign Corrupt Practices Act involving bribes to government officials in Brazil and Poland.
Between late 2023 and early 2025, Henry Schein suffered catastrophic series of ransomware attacks by BlackCat (ALPHV) group. Breach compromised personal and protected health information of 166,432 individuals (names, bank accounts, SSNs). In February 2025, $2.9M settlement approved for class-action alleging cybersecurity failures, specifically after hackers re-encrypted data during initial restoration.
Henry Schein was a primary defendant in massive MDL alleging conspiracy with Benco Dental and Patterson Companies to fix price margins and boycott buying groups. In June 2019, $80M class-action settlement received final approval. FTC successfully litigated administrative complaint concluding the trio "unreasonably restrained price competition" for dental products in the United States.
Research Sources
8 organizations
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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