Google Sued by Investor Over Drug Ads
Apparently there are some shareholders that aren't too happy with Google's $500 million settlement with the U.S. government over those illegal drug ads. According to the complaint, between 2003 - 2009, Google did not disclose revenue from the improper advertising at all.
Chief Executive Officer Larry Page and the company’s board knew or should have known it was illegal for pharmacies outside the U.S. to ship prescription drugs into the country, according to a complaint filed yesterday in federal court in San Jose, California, by a Pennsylvania woman who owns Google shares. The so-called derivative lawsuit was filed on behalf of the company and its investors.
