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  • Valeant Pharmaceuticals Aggressive Accounting Games Maureen McNichols Jaclyn Foroughi 2017

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    Valeant Pharmaceuticals, a Canadian pharmaceutical company, has been plagued by various scandals over the years, including allegations of fraud and money laundering. In April 2015, the company settled lawsuits filed by the US Securities and Exchange Commission and New York Attorney General’s Office, agreeing to pay $500 million to resolve allegations of insider trading. A few months later, Valeant’s stock dropped by 28% in two days

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