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Concordia Healthcare (CXRX) Trades Lower in Sympathy with Peer Valeant Pharma (VRX)

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Valeant Pharma (VRX): This Isn't Just Headline Risk - Mizuho

August 11, 2016 8:08 AM EDT

Mizuho Securities analyst, Irina Koffler, reiterated her Underperform rating on shares of Valeant Pharmaceuticals (NYSE: VRX) and highlighted the importance of last night's WSJ report that VRX is under criminal investigation by the U.S. attorney's office. The charges are for mail and wire fraud and obscuring the company's real... More

Valeant Pharma (VRX) Issues Statement on SDNY Investigation; Will Not Comment on Rumors

August 11, 2016 6:28 AM EDT

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... More

Valeant Pharma (VRX) Under Criminal Investigation - WSJ

August 10, 2016 6:39 PM EDT

(Updated - August 11, 2016 6:28 AM EDT)

Valeant Pharma (NYSE: VRX) shares are dropping after-hours Wednesday following reports from the Wall Street Journal the company is under criminal investigation.

Federal prosecutors are investigating if the company defrauded insurance companies by hiding its ties to mail-order pharmacy Philidor Rx... More