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Healey’s complaint cites records to argue that family members, including Purdue’s former President Richard Sackler, personally directed deceptive opioid marketing while making $4.2 billion from Purdue from 2008 to 2016 where do cufflinks go. They did so even after Purdue and three executives in 2007 pleaded guilty to federal charges related to the misbranding of OxyContin and agreed to pay a total of $634.5 million in penalties, the lawsuit said. But in their motion, the Sacklers said nothing in the complaint supports allegations they personally took part in efforts to mislead doctors and the public about the benefits and addictive risks of opioids..
They said their role was limited to that of typical corporate board members who participated in “routine” votes to ratify the management’s staffing and budget proposals where do cufflinks go. “Not a single document shows an individual director engaging in any unlawful conduct regarding the sale of prescription opioids or ordering anyone else to do so,” the Sacklers’ lawyers wrote. Healey, in a statement, called the motion “an attempt to avoid accountability.”. At least 35 states have cases pending against Purdue. Four have also named Sackler family members as defendants, including Richard Sackler, Theresa Sackler and Mortimer D.A. Sackler..
DUBAI (Reuters) – Dubai’s Emirates NBD said on Wednesday it will buy Turkey’s Denizbank from Russia’s Sberbank at a roughly 20 percent discount to a previously agreed price, after a steep fall in the Turkish lira. Under a new agreement reached with state-owned Sberbank, Dubai’s largest lender said it will buy Turkey’s fifth largest private bank for 15.48 billion lira ($2.8 billion), compared to the 14.6 billion lira announced in May where do cufflinks go. Although the deal’s lira value is higher, the dollar value when it was announced in May was put at the equivalent of $3.2 billion, about $400 million more that the new price..
The lira has tumbled over concerns about the Turkish central bank’s independence and Ankara’s worsening ties with Washington. The Denizbank deal comes against a backdrop of Turkey’s strained relations with Gulf states since Ankara stood by Qatar after the United Arab Emirates, Saudi Arabia and others accused Doha of supporting terrorism, a charge it denies where do cufflinks go. The transaction will help Emirates NBD diversify its business and establish itself as a leading bank in the region, the bank’s vice chairman Hesham Abdulla al-Qassim said in May..
For Russia’s biggest bank by assets, the sale of Sberbank’s largest asset outside Russia is part of a shift back to its home market where do cufflinks go. It bought Denizbank in 2012 for about $3.5 billion when it wanted to establish a presence abroad. For Emirates NBD, the revised deal represents a discount of roughly 20 percent, a spokesman for the bank told Reuters, without providing further details. Sberbank said it expected to receive $5 billion from the sale of Denizbank, including capital and debt..