Abbott Labs fined $1.6 Billion but, as usual, no individuals will be charged.Submitted by go213mph on Sat, 05/12/2012 - 17:20
Get caught selling medical marijuana and it's hole time for you! Be part of the Government's drug gang and they just move some money around which the consumer will end up paying for anyway. NEVER are real people held responsible when you are a member of the elite, so there is no incentive for them to not just do the same thing again. It's a game of chance just like the financial markets but in their world of legalized corruption...losing just means a call to the FED or a price hike on a product.
"Pharmaceutical company Abbott Laboratories has agreed to pay $1.6 billion to settle accusations that it illegally marketed the anti-seizure medication Depakote for uses not approved by the Food and Drug Administration (FDA).
As part of the settlement, Abbott will plead guilty to one misdemeanor violation of federal law for misbranding Depakote. The company will be on probation for five years, but, as usual, no individuals will be charged. Miles W. White has been CEO and chairman of the board of Abbott since 1999."