Valeant Drops As Short Seller Alleges Pharmacy Fraud

By | October 21, 2015

Scalper1 News

Embattled drugmaker Valeant Pharmaceuticals (VRX) tumbled as much as 33% to a two-year low Wednesday as short-selling outfit Citron Research charged it with a complex fraud involving multiple specialty pharmacies. Valeant responded that the report was based on erroneous assumptions. Citron referred to a report from the Southern Investigative Reporting Foundation (SIRF) probing a lawsuit by the small California-based R&O Pharmacy against Valeant Scalper1 News

Scalper1 News