Sutts, Strosberg LLP Announces Investigation of Valeant Pharmaceuticals International Inc.
WINDSOR, Ontario--(BUSINESS WIRE)-- Valeant Pharmaceuticals International Inc. (NYSE: VRX; TSX: VRX), is being investigated by Sutts, Strosberg LLP, a law firm that represents investors in securities class actions.
The firm is investigating the company in the wake of a report by Citron Research claiming that Valeant Pharmaceuticals uses a network of phantom captive pharmacies to artificially boost Valeant’s revenues through channel stuffing. On the day of the report, the company’s shares were trading more than 25% below the previous day’s close.
The firm would like to speak with shareholders of Valeant Pharmaceuticals. Shareholders who wish to discuss the matter should contact Jay Strosberg at (519) 561-6285 or by email at [email protected].
Sutts, Strosberg LLP is a leading class action law firm that has recovered over $1.5 billion for its clients. For more information about the law firm, please visit the Sutts, Strosberg LLP website at www.strosbergco.com.
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Sutts, Strosberg LLP
Jay Strosberg, 519-561-6285
[email protected]
Source: Sutts, Strosberg LLP
