Valeant Pharma (VRX) Issues Statement on SDNY Investigation; Will Not Comment on Rumors
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
Valeant Pharmaceuticals International, Inc. (NYSE: VRX) issued the following statement regarding the ongoing investigation being conducted by the U.S. Attorney's Office for the Southern District of New York:
"Valeant previously disclosed in October 2015 that the United States Attorney's Office for the Southern District of New York commenced an investigation involving Valeant. We have been fully cooperating with the authorities throughout the investigation, and we are in frequent contact and continue to cooperate with the U.S. Attorney's Office for the Southern District of New York. We do not comment on rumors about investigations, and cannot comment on or speculate about the possible course of any ongoing investigation.
"Valeant takes these matters seriously and intends to uphold the highest standards of ethical conduct as we move forward with our mission to improve people's lives with our healthcare products."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mallinckrodt (MNK) to Pay $100M to Settle FTC, State Charges for Violating Antitrust Laws
- Regeneron (REGN), Sanofi (SNY) Get Expedited Appeal in Amgen (AMGN) Patent Case - Bloomberg
- Navient (NAVI) Rejects CFPB Ultimatum to Settle
Create E-mail Alert Related CategoriesCorporate News, Litigation, Short Sales, Trader Talk
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!