Amgen To Pay $74M To End Investor Suit Over $10.7B Tax Bill

By Natalie Olivo · July 21, 2026, 5:23 PM EDT

Pharmaceutical giant Amgen has agreed to pay $74 million to resolve an investor class action alleging it hid a $10.7 billion tax bill from shareholders, according to an agreement filed in...

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Documents

Case Information

Case Title

In re Amgen Inc. Securities Litigation

Case Number

1:23-cv-02138

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

March 13, 2023