{ "docId": "019de06f-5896-7649-985b-a047bf109b4e", "docSlug": "0679cfa5b71d2595d2aa08ef14ddbab6", "documentTitle": "Pershing Square | Activist Presentation Deck | 39 slides", "authorId": "pershing-square", "authorName": "Pershing Square Capital Management, L.P.", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2014-09-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 23, "pageCount": 39, "prevPage": 22, "nextPage": 24, "slideType": "timeline", "function": "illustrate_case", "density": "overcrowded", "nDataPoints": 4, "notes": "The timeline uses vertical dotted lines to connect events to specific years on a horizontal axis.", "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de06f-5896-7649-985b-a047bf109b4e/23", "deckHref": "/decks/019de06f-5896-7649-985b-a047bf109b4e", "deckJsonHref": "/decks/019de06f-5896-7649-985b-a047bf109b4e.json", "deckAnchorHref": "/decks/019de06f-5896-7649-985b-a047bf109b4e#slide-23", "components": [ { "bbox": { "h": 0.2, "w": 0.92, "x": 0.04, "y": 0.55 }, "kind": "diagram", "text": null, "attrs": null, "subkind": "timeline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7e2d8347-83f6-4ab2-a399-9d0401540a5a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.17, "x": 0.403, "y": 0.66 }, "kind": "paragraph", "text": "August 2014: DOJ filed Second Amended Complaint-In-Intervention", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1f22b5c1-3b8b-499b-af27-9eda50e280c2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.17, "x": 0.403, "y": 0.232 }, "kind": "paragraph", "text": "Jan 2014: DOJ filed Amended Complaint-In-Intervention", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2b0a9b70-33f6-4ca6-a3da-3bd96a2ecbc5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.17, "x": 0.182, "y": 0.3 }, "kind": "paragraph", "text": "April 2013: DOJ intervened and filed a Complaint-in-Intervention", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2f115611-c03c-45a5-9993-7f4a7c4fd538", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.17, "x": 0.205, "y": 0.66 }, "kind": "paragraph", "text": "July 2013: Novartis discloses civil investigative demand (CID) and related details in its quarterly 6K filing and states they are cooperating with investigation", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3c9963b7-f1ad-4501-9b6c-0b8916928ea1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.17, "x": 0.182, "y": 0.418 }, "kind": "paragraph", "text": "April 2013: Novartis said in a statement that it disputed the government's claim and would defend itself", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7a503bc1-8f4c-4bee-9355-1677fe2e4244", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.17, "x": 0.403, "y": 0.325 }, "kind": "paragraph", "text": "Jan 2014: Specialty pharmacy BioScrip reached a settlement with the Government; agreed to pay $15mm to federal and state claimants, and to cooperate in the prosecution of claims against Novartis and admit numerous facts regarding its relationship with Novartis", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b8c386fa-3963-4087-9f25-a87d8fa24430", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.17, "x": 0.806, "y": 0.66 }, "kind": "paragraph", "text": "Oct 27 2015: announced an agreement in principle to settle the case for $390M; payment covers all claims related to five drugs", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b99d4711-977c-48d1-88a0-92585e963550", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.17, "x": 0.706, "y": 0.432 }, "kind": "paragraph", "text": "June 2015: Government seeks $3.35bn in treble damages and civil penalties", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c79f6916-7de8-4ee1-a187-d1c942efe2c1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.17, "x": 0.01, "y": 0.395 }, "kind": "paragraph", "text": "Nov 2011: qui tam / whistleblower complaint filed under seal by former Novartis employee, initiating an investigation by DOJ", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e307c0d6-6a2f-47e2-b3bb-e7a9e9a9697e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.17, "x": 0.585, "y": 0.66 }, "kind": "paragraph", "text": "May 2015: Specialty pharmacy Accredo reached a settlement with the Government; 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