Merck to Settle U.S. Claims for $671 Million
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The drug company will settle claims it overcharged government health programs and improperly enticed doctors to prescribe its drugs.
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GlaxoSmithKline PLC agreed Thursday to release information on its drug studies, including negative findings on the antidepressant Paxil, to settle a lawsuit in which New York&#39;s attorney general accused the company of fraud.
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Merck & Co Inc.  said on  Wednesday it agreed to settle tax disputes with the U.S.  Internal Revenue Service at a net cash cost of about $2.3  billion.
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HealthSouth Corp. (HLSH.PK: Quote, Profile, Research) , a health-care company that is trying to emerge from an accounting scandal, said on Thursday it agreed to settle for $325 million
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American International Group and federal regulators have completed a settlement that calls for the company to pay $126 million in penalties and restitution and to
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GlaxoSmithKline Plc, Europe&#39;s largest drugmaker, said it settled a lawsuit filed by New York Attorney General Eliot Spitzer, who accused the drugmaker last June of withholding safety data on the antidepressant Paxil.
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A settlement of an inquiry into Lillyâs marketing of the antipsychotic drug Zyprexa could result in the company paying more than $1 billion to federal and state governments.
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American International Group Inc.  AIG.N agreed to pay $126 million to settle charges it helped  companies fraudulently inflate earnings, the U.S. Securities  and Exchange Commission said on Tuesday.
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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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American International Group Inc., the world&#39;s largest insurer, agreed Wednesday to pay $126 million to settle allegations it helped Plainfield, Ind.
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Merck & Co. Inc.  will pay $2.9 billion to settle three tax disputes with the U.S. Internal Revenue Service, the drugmaker said on Wednesday, but another $1.76 billion dispute with Canadian tax authorities remains unresolved.
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The New Jersey decision is a legal victory for the drugmaker, which faces nearly 27,000 individual lawsuits from people claiming Vioxx harmed them.
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Drugmaker Wyeth WYE.N has reached a  tentative framework with a group of plaintiffs' lawyers to  settle nearly all remaining liability cases stemming from  allegations that some of its diet drugs damaged heart valves,  the Wall Street Journal reported on Tuesday, citing people  familiar with the negotiations.
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Purdue Pharma has agreed to pay $10 million to the state to settle a lawsuit that accused the company of dishonestly marketing the painkiller OxyContin in West Virginia.
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American International Group Inc. (AIG.N: Quote, Profile, Research) agreed to pay $126 million and appoint an independent monitor to settle allegations it helped
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Merck & Co. said on Wednesday it plans  to release data from a study of its recalled arthritis drug  Vioxx at a meeting of specialists later this month.
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International Business Machines Corp. said Wednesday it had agreed to settle most of the issues in a suit over changes in its pension plans on terms that allow the company to continue to appeal a key question while capping its liability at $1.7 billion. -The Washington Post