Lilly Considers $1 Billion Fine to Settle Case
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The fine would settle a civil and criminal investigation into the companyâs marketing of an antipsychotic drug.
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Germany&#39;s Bayer AG (BAYG.DE: Quote, Profile, Research) has agreed to plead guilty and pay a $4.7 million fine for taking part in a conspiracy to fix the prices of synthetic rubber, the US Justice Department said on Wednesday.
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NEWARK, New Jersey  - Four medical device makers will pay a total of $311 million and agreed to federal monitoring to settle a government probe into consulting deals prosecutors said were made with surgeons to sway decisions on which hip and knee implants to give to patients.
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NEW YORK - Marsh &amp; McLennan Companies Inc. is looking to collect about $230 million in incentive fees at the heart of a bid-rigging probe by New York authorities as a way to help fund a possible settlement over the questioned fees.
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Germany&#39;s Infineon Technologies AG has agreed to plead guilty to charges of price-fixing and pay a $160 million fine as part of a US investigation into the computer-memory chip industry, US antitrust authorities said Wednesday.
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Two former fund managers for Putnam Investments of Boston agreed to pay a total of $1.5 million to settle allegations they inappropriately traded mutual fund shares and potentially harmed other fund investors, federal and state regulators said yesterday.
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Time is running out for Boston Scientific to resolve what could be a multibillion-dollar liability resulting from its foray into the stent business.
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IBM on Wednesday said it has settled  portions of an ongoing lawsuit related to its pension plan and  said the potential liability for the other claims that remain  on appeal is capped at $1.4 billion.
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Target Corp. has agreed to pay $1 million to settle a class-action lawsuit alleging it failed to stamp prices on merchandise, the fourth in a string of agreements over the past two years costing major retailers more than $8 million in fees and millions more in compliance measures.
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German computer chip maker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department said yesterday.
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Media giant Time Warner Inc. will pay fines of $210 million under an agreement with the US government to be announced on Wednesday to settle charges that its America
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The attorney general of Oregon, Hardy Myers, has proposed a $36 million nationwide settlement among the pharmaceutical manufacturer Organon USA, consumers and states over the antidepressant drug Remeron.
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The US division of Germany's Bayer AG agreed to pay a 33 million dollar fine to settle charges it participated in a conspiracy to fix prices of a commonly used chemical for plastics and other goods, US officials said.
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German microchip maker, Infineon Technologies, has been fined $160m in the US after pleading guilty to price fixing.
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In light of a $1.1 billion settlement with plaintiffs in a shareholder suit, the government is not asking for additional restitution.
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The company will pay a $1 million criminal fine for lying to the government about a patent deal on its blood-thinning drug Plavix.
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Eli Lilly and Co.  said on Wednesday its fourth-quarter earnings fell sharply, hurt by a $495 million charge to cover a settlement with former users of its Zyprexa schizophrenia drug.