pleads
By Nate Raymond (NS:) (Reuters) – A former partner at McKinsey & Co pleaded guilty on Friday to obstructing justice by destroying records related to advice he and the consulting firm provided to Purdue Pharma on how to “turbocharge” sales of its opioid painkiller OxyContin. Martin Elling, 60, entered his…
Ted Farnsworth pleaded guilty to defrauding investors in MoviePass and Vinco.Farnsworth has been in prison since August 2023.MoviePass’s $10 plan led to its popularity but was unsustainable, causing bankruptcy.Ted Farnsworth pleaded guilty on Tuesday to defrauding investors in the movie-ticket subscription service MoviePass, the US Department of Justice announced. He…
By Nate Raymond (NS:) BOSTON (Reuters) – A former engineer at a semiconductor manufacturer pleaded not guilty on Friday to U.S. charges that he illegally procured technology for an Iranian firm that made a key component of a drone used in a January attack by Iran-backed militants in Jordan that…
By Siddharth Cavale CENTRAL ISLIP, New York (Reuters) -Mike Jeffries, former longtime chief executive of Abercrombie & Fitch, pleaded not guilty on Friday to charges that he ran an international sex trafficking scheme while leading the clothing retailer. Jeffries, 80, who led Abercrombie from 1992 to 2014, entered his plea…
