Read Tims Rewards, McCafe or Starbucks—which coffee loyalty program is best for you? Asia: +65.6830.7838 Modest housing help for first time home buyers in... What the budget does and doesn't do, for five... MoneySense is a journalistic website with freelance contributors who help produce our content. Get $20 back on electronics bought between ’99 & ’02 ». Where to buy real estate now: How we found the best deals in Canada, A guide to the best robo-advisors in Canada for 2020, Best high-interest savings accounts in Canada 2020, Compare the Best GIC Rates in Canada 2020. On behalf of all those who purchased Valeant Pharmaceuticals International, Inc. (‘Valeant” or the “Company”) equity securities and senior notes in the United States during the Class Period. Representatives for Valeant said they were working on formulating a response. Bausch Health Companies Inc. is taking another step to distance itself from the toxic past of its Valeant era, announcing a US$1.21-billion settlement in a class action lawsuit. Read Making sense of the markets this week: August 16, Read How to pandemic-proof your paycheque, Read What an interest rate hike could mean for you, Read What the federal parties’ 2019 campaign platforms mean for your money, Read Province moves to protect consumers against unqualified financial advice. If you read something you feel is inaccurate or misleading, we would love to hear from you. Yahoo fait partie de Verizon Media. Europe (UK): +44.20.3192.5799 The lawsuit alleges that shares of Valeant “dropped considerably” in price after the company disclosed its contractual relationship with the pharmacy, resulting in losses for class members. Share on Reddit Marketing and Communications Email Opt–in. Australia: +61.2.8048.3999 Share on Email, Your email address will not be published. If certified, the proposed lawsuit launched by Toronto-based Koskie Minsky LLP and filed in Ontario Superior Court in Toronto would cover all shareholders who purchased Valeant’s shares between Jan. 1, 2013, and this past Monday. Additional news concerning Valeant’s unique relationships with specialty pharmacies reached the market on October 21, 2015, causing the price of Valeant stock to drop sharply, falling further… to a close of $118.61 per share. Kyros Law Offices is alerting investors of Valeant Pharmaceuticals (NYSE: VRX), now Bausch Health Companies (NYSE: BHC) that it is filing legal claims against the company on behalf of investors. Read 18 ways the federal budget will affect your wallet in 2019, Read Refundable tax credits, $250 a year for skills retraining for workers in Budget 2019, Read Budget 2019: Higher RRSP home buyer withdrawal limits, but no help on housing supply, Read Millennial homebuyers and seniors among the winners of Budget 2019, Calculating how much money you’ll need at retirement. By Special to MoneySense on November 18, 2015. Furthermore, at the point of publication, we do our best to ensure the information we produce is accurate, however, sometimes prices and terms of the products are changed by the provider without notice to us. Valeant share prices have fallen 70% . If you are a member of the Settlement Class, your legal rights will be affected whether you act or do not act. The notice of motion alleges that Valeant negotiated and purchased an option to buy Philidor in January 2013 and ultimately consolidated the pharmacy’s financials with their own, but didn’t disclose that relationship until around Oct. 19. TORONTO – A class-action lawsuit has been launched against Valeant Pharmaceuticals, alleging shareholders suffered losses after the Quebec-based company misrepresented or failed to disclose its relationship with U.S. mail-order pharmacy Philidor Rx Services. The allegations have not been proven in court. Please contact us here. For more information please read our policies. On October 19, 2015, the Company issued a press release reporting its third quarter 2015 financial results. The Class includes all persons and entities that purchased or otherwise acquired Valeant common stock, Valeant debt securities, or call options on Valeant common stock, or sold put options on Valeant common stock, during the period between January 4, 2013 and March 15, 2016, inclusive (the "Class Period"), and who were damaged thereby. Share on Facebook Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Joyce Kowalyshyn, a resident of Vancouver, B.C., is serving as the representative of the class. The price of Valeant (TSX:VRX) shares has fallen about 70 per cent since August following scrutiny about its business practices. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. On this news, the price of Valeant common stock fell over 10% in one day, from a close of $163.83 per share on October 19, 2015 to a close of $146.74 per share on October 20, 2015. Inquiries about ISS’ products and services, requests for copies of proxy research reports, and requests to engage with ISS regarding research reports and policies should be directed to the Help Center. Finally, the Ontario budget brings clarity to financial planner... A budget full of winners. ©2020 Institutional Shareholder Services Inc. All rights reserved.

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