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Description: Valeant Pharmaceuticals International Inc. continues to be haunted by its ties to the Philidor speciality pharmacy as former executives from both companies face charges in a multimillion-dollar kickback scheme.

Source: FinancialPost.com

Date: Nov 17, 2016

Link: http://business.financialpost.com/investing/market-moves/former-valeant-executive-and-former-philidor-ceo-charged-with-fraud-in-pharmacy-probe

Questions for discussion:

  • What is the legal case against the firm based on?
  • What are the financial risks to the firm and investors?
  • Would you be a buyer today?

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