August 20, 2014 4:02 PM ET

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Company Overview of Familymeds Group, Inc.

Company Overview

Familymeds Group, Inc. owns and operates a pharmacy and provides drug distribution services in the United States. It offers health-related products, including a prescription medications, vitamins and nutritional supplements, home medical equipment, and health and beauty aids through its pharmacies, mail order, and the Internet. The company operates its pharmacies under the trade names Familymeds Pharmacy, Arrow Pharmacy and Nutrition Centers, and Worksite Pharmacy. Familymeds Group, Inc. was formerly known as DrugMax, Inc. and changed its name to Familymeds Group, Inc. in July 2006. The company was founded in 1993 and is headquartered in Farmington, Connecticut. As of 2007, Familymeds Group...

312 Farmington Avenue

Suite 3

Farmington, CT 06032-1913

United States

Founded in 1993





Key Executives for Familymeds Group, Inc.

Chief Financial Officer
Age: 61
Senior Vice President of Business Development & Sales
Vice President of Information Technology
Compensation as of Fiscal Year 2014.

Familymeds Group, Inc. Key Developments

SEC Revokes Registration Of Securities Of Familymeds Group For Failure To Make Required Periodic Filings

On November 21, 2012, Securities and Exchange Commission (SEC or the commission) revoked the registration of each class of registered securities of Familymeds Group, Inc. for failure to make required periodic filings with the Commission. Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, the company consented to the entry of an order making findings and revoking registration of securities pursuant to section 12(j) of the Securities Exchange Act of 1934 as to company finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 there under and revoking the registration of each class of company’s securities pursuant to Section 12(j) of the Exchange Act.

SEC Orders Hearing On Registration Suspension Or Revocation Against Familymeds Group

In conjunction with trading suspension, the Securities and Exchange Commission (SEC) also instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Familymeds Group, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company is delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

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