$122 Billion Pharmaceutical Giant Amgen, CEO & CFO Sued in United States Federal Court by Detroit Pension Fund for Hiding $10.7 Billion Back-Taxes
18th March 2023 | Hong Kong
Pharmaceutical giant Amgen with $122 billion in market capitalization (17/3/23) had been sued in United States federal court by a Detroit pension fund for hiding $10.7 billion in back-taxes (United States Internal Revenue Service). The case was filed in Manhattan on Monday (13/3/23) by Roofers Local No. 149 Pension Fund against Amgen, CEO Robert Bradway and CFO Peter Griffith (Case 1:23-cv-02138-ER).
“ $122 Billion Pharmaceutical Giant Amgen, CEO & CFO Sued in United States Federal Court by Detroit Pension Fund for Hiding $10.7 Billion Back-Taxes “
$122 Billion Pharmaceutical Giant Amgen, CEO & CFO Sued in United States Federal Court by Detroit Pension Fund for Hiding $10.7 Billion Back-Taxes
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology. Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people’s lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world’s leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential. Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2022, Amgen was named one of the “World’s Best Employers” by Forbes and one of “America’s 100 Most Sustainable Companies” by Barron’s.
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