You are here: Home >> Articles & Tutorials >> Google ads for illegal drugs is unknown by the amount of shareholder lawsuits claim.

Google ads for illegal drugs is unknown by the amount of shareholder lawsuits claim.

By chenmbtwalking on Aug 12, 2011 |News & Society

Was this helpful? 0 0 Comments



Phoenix network technology SAN FRANCISCO, Aug. 29, according to Bloomberg News, a shareholder of Google Inc. and its directors sued Google for alleged illegal importation of prescription drugs to facilitate the violation of the fiduciary responsibility of directors. The illegal conduct resulted in Google with the U.S. government reached a $ 500 million settlement agreement.

Case the plaintiff is a U.S. owned Google shares Pennsylvania women, San Jose, California federal court to submit the complaint book, said Google CEO Larry Page (Larry Page) and the board knew or should have known from the sale of prescription drugs outside the U.S. is illegal.

The indictment cited Google and the U.S. Department of Justice, said the contents of the mediation agreement as early as 2003, Google has learned that Canadian Internet pharmacies in Google ADWords advertising platform by Google users to publish ads for prescription drugs. The indictment also noted that, from 2003 to 2008, Google disclosed in this annual financial statements were not improper sales. To this end, the plaintiff made ​​to the amount of Google's request for compensation is unknown.

U.S. Department of Justice announced on August 25 announced a $ 500 million settlement agreement represents the amount of Google ads received from these sales, as well as Canadian pharmacies selling to U.S. consumers through a network of prescription drugs from.

Google spokesman Aaron. Zhamo Manchester (Aaron Zamost) that Google has not yet seen the indictment, the spokesman did not immediately respond to the matter.

Bloomberg data shows that Google's revenue last year, 293 billion, of which 96% came from advertising. Google announced in May this year, the company has incurred $ 500 million to resolve its advertising business matters to be investigated.MBT Footwear mbt walking sandals mbt shoes clearance

Was this helpful? 0 0 Comments

Do you enjoy this post? Help us better!

You're reading Google ads for illegal drugs is unknown by the amount of shareholder lawsuits claim..

Comments

Hot Topics People Are Chatting

My Questions & Articles

Find latest questions, answers and articles.

Questions I Ask

Questions I Follow

Articles I Share

Do you like it? Share with friends!

Don't forget to follow us!

If you like our tutorials and answers, please give us a +1!