Valeant directors, CEO ordered to cease trading shares

0331valeant

Valeant Pharmaceuticals International Inc’s (VRX.TO) directors and key officers have received a cease-trade order by the securities regulator in the Canadian province of Quebec, on the company’s request, Valeant said on Thursday.

In a separate statement, the Autorité Des Marches Financiers said the order takes effect Thursday and is in place for 15 days.

by Rod Nickel in Winnipeg, Manitoba

You may also like...