by Admin | Aug 26, 2017 | Corporate Frauds, Recent Articles
Valeant Pharmaceuticals International Inc. has been selling assets, paying down debt and riding a recovery of its shares from their lowest point last spring. But one big uncertainty – its potential legal costs – just got bigger. Lord Abbett & Co., the mutual fund...
by Admin | Aug 21, 2017 | Corporate Frauds, Recent Articles
According to a lawsuit, Nestle’s Poland Spring bottled water has duped consumers into paying premium prices for ordinary ground water that’s pumped from populated areas rather than natural springs as the company advertises. A complaint filed earlier this...
by Admin | Aug 3, 2017 | Corporate Frauds, Recent Articles, Uncategorized
A Canadian steel company executive convicted of defrauding a program to help minorities and women in the reconstruction of the World Trade Centre has been exonerated. Judge Loretta Preska exonerated Larry Davis, of Mississauga, Ontario, on Thursday. David was...
by Admin | Jul 27, 2017 | Corporate Frauds, Recent Articles
Celgene Corp. has agreed to pay $280 million to settle a whistleblower lawsuit alleging the pharmaceutical company committed fraud promoting a drug with a notorious history that was re-purposed to treat leprosy and another therapy for unapproved cancer treatments,...