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Novo Nordisk, a Danish drug manufacturer, agreed to a $25 million settlement to resolve allegations of illegal promotion of the drug NovoSeven, approved by the FDA to treat certain bleeding disorders in hemophiliacs. The government’s complaint alleged numerous off-label uses for which the company promoted the drug, including as a coagulatory ...
The judge rejected the settlement offer, questioning the lack of transparency of the details of the settlements, as well as high costs recouped by the lawyers through the settlement. [50] Yahoo agreed to settle for $117.5 million in April 2019, again offering affected users credit monitoring and a cash payout that depended on the number of ...
Glaxo's $3 billion settlement included the largest civil False Claims Act settlement on record, [1] and Pfizer’s $2.3 billion ($3.5 billion in 2022) settlement including a record-breaking $1.3 billion criminal fine. [2] Legal claims against the pharmaceutical industry have varied widely over the past two decades, including Medicare and ...
In January, an SEC filing revealed Cook took a $35 million pay cut from 2022 to 2023. Cook kept the same base salary — the $3 million it has been since 2016 — but saw his equity award value ...
A company that bred beagles for medical research agreed Monday to pay a record $35 million as part of a criminal plea admitting it neglected thousands of dogs at its breeding facility in rural ...
On 26 June, the judge approved the settlement between Telegram and SEC. The company agreed to pay an $18.5 million penalty and return $1.22 billion to Gram purchasers. [239] In March 2021, Telegram launched a bonds offering to cover the debt and fund further growth of the app. [208] [211]
Sirius Satellite Radio Inc. was a satellite radio (SDARS) and online radio service operating in North America, owned by Sirius XM Holdings. Headquartered in New York City, with smaller studios in Los Angeles and Memphis, Sirius was officially launched on July 1, 2002. It now provides 69 streams (channels) of music and 65 streams of sports, news ...
Inc.[3] was an American multinational technology company headquartered in Sunnyvale, California. Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995. [4][5] Yahoo was one of the pioneers of the early internet era in the 1990s. [6] Marissa Mayer, a former Google executive, served as CEO and ...