An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
FEBRUARY 13, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2013 - FENCE DISTRIBUTORS LIMITED LIABILITY COMPANY
AROUND THE WEB
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Sunday Jul 2, 2017
- New Mexico Sues Drugmakers, Distributors Over Opioid Crisis
Thursday Sep 7, 2017
New Mexico sued several major pharmaceutical companies and wholesale drug distributors on Thursday, arguing the corporations are partly to blame for rampant opioid addiction rates in the state.
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By Deadline - Tuesday Jul 25, 2017
The film will go into limited release December 1.
- States expand investigation of opioid makers, distributors
By GEOFF MULVIHILL, Associated Press - Tuesday Sep 19, 2017
Attorneys general from most states are broadening their investigation into the opioid industry as a nationwide overdose crisis continues to claim thousands of lives.They announced Tuesday that they had served subpoenas requesting information from five companies that make powerful prescription painkiller demanded information from three distributors. Forty-one attorneys general are involved in various parts of the civil investigation.The probe into marketing and sales practices seeks to find out whether the industry's own actions worsened the epidemic.If the industry cooperates, the investigation could lead to a national settlement.
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
- Wells Fargo Forced Unwanted Auto Insurance on Borrowers
By GRETCHEN MORGENSON - Thursday Jul 27, 2017
An internal report shows customers with car loans had costly, unnecessary insurance tacked onto their bills, and 274,000 were pushed into delinquency.