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Transcripts For CSPAN Justice Department News Conference On Settlement With Purdue Pharma 20240712

Dep. Atty. Gen. Rosen good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, dep. Atty. Gen. Rosen ok, good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, rachael honig, our acting assistant attorney general for the Civil Division, jeff clark, and the eastern texas u. S. Attorney, steve cox. This morning, subject to court approval, the department of justice is announcing a global resolution of our criminal and civil investigations into the opioid manufacturer, Purdue Pharma, as well as a civil resolution with members of the Sackler Family, who comprise the shareholders of the company. H members of the Sackler Family, who comprise the shareholders of the company. Before we address the specific terms, i want to provide some context of how todays announcement fits into dojs wider efforts

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Transcripts For CSPAN Justice Department News Conference On Settlement With Purdue Pharma 20240712

Rosen announced Purdue Pharma agreed to plead guilty to criminal charges and pay more than a . 3 billion in fines. The settlement also includes members of the Sackler Family, owners of Purdue Pharma, who will pay additional fines for settlements. Dep. Atty. Gen. Rosen good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, rachael honig, our acting assistant attorney general for the Civil Division, jeff clark, and the eastern texas u. S. Attorney, steve cox. This morning, subject to court approval, the department of justice is announcing a global resolution of our criminal and civil investigations into the opioid manufacturer, Purdue Pharma, as well as a civil resolution with members of the Sackler Family, who comprise the shareholders of the company. Before we address the specific terms, i want to provide some context of how todays announcement fits into dojs wider efforts to address th

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Transcripts For CNBC Squawk On The Street 20240712

Sales and the stock is hitting new highs. And finally teslas tumble, why the street is mixed on what actually came out of the companys battery day event yesterday. J j, though, jim, going to be the lead and you just called it maybe the best company we have in this country. Yeah, look, i think that i like triple a balance sheet, i like a company that continues to make the numbers, i like a company that pays a good dividend, has the best pipeline, most robust pipeline in pharmaceuticals and i like a company thats not a hype company. The fact that they are ready to do their vaccine now, full disclosure i am attempting to get into the trial, i think its everybodys duty to get into the trial they are the only one emphasizing the atrisk people they want people who we view as people who we need to protect. I dont hear that from any of the other companies. I like the fact they are willing to give it to their whole employee base. This is the way i think it should be done and i know people are c

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Transcripts For KGO ABC7 News 600PM 20240712

Regarding him as both the potential danger to the community and a risk of flight, meaning noncompliance. But the magistrate ordered that he be released today. This criminal complain says he faces charges to commit conspiracy for Health Care Fraud and conspiracies fraud. I interviewed him for my investigation about the test that i saw in use at this drivethrough site in san jose. So this hand been approved by the fda. Thats correct. Reporter he did not tell me or investors according to the criminal explain that the fda informed array it on april 17 that its covid19 test was not at an acceptable performance. We are working closely with the fda and were following fda guidelines for deploying the test. Reporter the explain alleges that it made more than 69 million in false and fraudulent claims for covid19 testing with medicare and private insurance companies, and that he made false claims about the sales to inflate the stock price. He lost 88 . For my investigation, officials in Santa Cla

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Transcripts For KGO ABC7 News 1100PM 20240712

For only 29. 95 a month for three months. Call or go online today. Video showing an incident at a protest involving the San Francisco Sheriffs Office has sparked a new criminal investigation. Coming up, wihat the San Francisco District Attorney has to say about it. A Bay Area Police chief drawing criticism tonight for comments he made about shooting guns during a protest. Without your help we will not survive. The desperate plea from a longtime Silicon Valley trade school at risk of closing because of covid19. It was a hot day again across the bay area, but cooler weather is about to move in. Well have the details in the accuweather forecast. Abc 7 news starts right now. Defund opd happening now, hundreds of people marched to oakland mayor libby schaafs house chanting the names of men and women killed by police. Theyre calling on the mayor to defund the Oakland Police department and reinvest the money in education. Abc 7 News Reporter j. R. Stone is live in oakland. J. R. . Reporter ye

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