Valeant Philidor Scandal

Bill Ackman should have done more due diligence before investing in Valeant considering Philidor is the main reason for erasing 90% of the company's market value.

Of course the question is who actually knew what was going on? Valeant claimed ignorance to the Philidor kickbacks scheme.

Was it just Gary Tanner and Davenport going rogue or was there more to it? Pearson was blind to it?

I sincerely hope that Valeant shareholders and employees get some recourse for the fraud that led to billions of investment dollars lost.

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That's right, like Butch Cassidy and the Sundance Kid !

True story...I can't believe they wrote that to each other.

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Too bad Davenport and Tanner didn't get to ride off into the sunset together....

That's right, like Butch Cassidy and the Sundance Kid !

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90 percent of the drugs Philidor dispensed were sold by Valeant. The feds didn't need more evidence than that.

Too bad Davenport and Tanner didn't get to ride off into the sunset together....

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90 percent of the drugs Philidor dispensed were sold by Valeant. The feds didn't need more evidence than that.

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