Amgen agrees to $74M settlement to resolve investor lawsuit over potential $10.7B tax bill

Amgen has agreed to a $74 million settlement with investors who allege that the company hid a massive U.S. tax bill from the public. | Amgen has agreed to a $74 million settlement with investors to resolve a lawsuit that alleged the company hid a $10.7 billion tax bill from the public and kept the company's share price artificially high from July of 2020 to April of 2022.

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