Search for Abbott To Pay $1.6 Billion Over Illegal Marketing on Bing

Abbott Laboratories said it reached an agreement with the federal government and most states to pay $1.6 billion in connection with its marketing of the anti-seizure drug Depakote.

Senh: Dang, the four whistle-blowers will get nearly $100M from that settlement. If you work for a huge corporation dabbling in illegal activities, blow the whistle on them - you can be a multi-millionaire if you're successful.

Sections:  news   business   
RELATED ARTICLES
  • Abused disabled Iowa plant workers awarded $240M
    A Texas company has been ordered to pay 32 mentally disabled workers $240 million in damages for what government lawyers described as years of around-the-clock abuse. More
  • Cancer Physicians Attack High Drug Costs
    More than 100 cancer specialists have banded together to persuade pharmaceutical companies to bring prices down, suggesting that the high prices for medicine needed to keep someone alive is profiteering. More
  • Swedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
  • News Corp settles phone hacking case
    News Corp reaches a $139m (£91m) settlement with shareholders over complaints filed in relation to the UK phone hacking scandal. More
  • DealBook: Mortgage Relief Checks Go Out, Only to Bounce
    Relief checks issued as part of a settlement over foreclosure abuses have bounced, an unfortunate twist for consumers who have already faced problems over reviews of troubled mortgage loans. More
BING NEWS:
  • Congressmen Bob Good and Ben Cline react to passing of $95 billion spending bill
    According to congress.gov, the House passed the bill with a final vote of 311-112. Congressmen Bob Good and Ben Cline voted against the bill, but 9th District Congressman Republican Morgan Griffith ...
    04/24/2024 - 11:21 pm | View Link
  • Has Texas’ Operation Lone Star initiative worked at the border?
    A debate has ensued over the effectiveness of Texas Gov. Abbott's border enforcement initiative, Operation Lone Star.
    04/24/2024 - 2:20 am | View Link
  • Nobody “Earns” a Billion Dollars. We Need a Wealth Tax.
    Economist James K. Boyce analyzes new data on US disparities and frames environmental degradation as a class issue.
    04/17/2024 - 7:36 am | View Link
  • Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range
    Abbott Laboratories on Wednesday reported first-quarter profit of $1.23 billion. The Abbott Park, Illinois-based company said it had net income of 70 cents per share. Earnings, adjusted for one-time g ...
    04/17/2024 - 3:30 am | View Link
  • 7 big issues at stake in the 2024 election
    The contrast: Trump has promised a sweeping crackdown on illegal immigration and tougher executive actions ... He said he wants to boost that to 50 if he is re-elected, with the goal of $200 billion ...
    04/17/2024 - 12:41 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News