Cardinal Health Inc. continues cooperating with the state attorney general offices of Illinois and New York regarding their investigations into a program on repackaged pharmaceuticals.
In October 2005, the Company received a subpoena from the Attorney General’s Office of the State…
Valeant Pharmaceuticals International’s former subsidiary in Argentina continues to be subject to a proceeding filed by the Argentine Antitrust Agency.
The Company was formerly known as ICN Pharmaceuticals Inc.
In July 2004, the Company was advised that the Argentine Antitrust Agency…
Valeant Pharmaceuticals International is in the process of defending Barbara M. Shows’ product liability lawsuit on Permax pending in the Circuit Court of Jefferson Davis County, Miss.
On April 23, 2008, the Company was served a complaint in a case…
An agreement to settle two shareholder derivative lawsuits purportedly filed on Valeant Pharmaceuticals International’s behalf in state court in Orange County, Calif., remains subject to court approval.
These suits are styled:
(i) Michael Pronko v. Timothy C. Tyson et al.,…
Valeant Pharmaceuticals International (f/k/a ICN Pharmaceuticals Inc.) continues cooperating with the U.S. Securities and Exchange Commission’s Formal Order of Investigation on events and circumstances surrounding trading of the Company’s common stock.
The Company is also subject to the investigation on its…
The shareholder derivative action filed in Delaware court, in which Valeant Pharmaceuticals International (f/k/a ICN Pharmaceuticals Inc.) is a nominal defendant, remains stayed.
The case is pending in the Court of Chancery of the state of Delaware, styled Sherwood v. Tyson,…
Cardinal Health Inc., during the quarter ended June 30, 2008, received the remaining US$35.0 million in net proceeds from the settlement of the derivative actions filed against the Company and certain of its directors and officers.
On Nov. 8, 2002,…
Valeant Pharmaceuticals International’s case against Michael O.
Leavitt and Andrew C. Von Eschenbach, in their official capacities
at the Food and Drug Administration, remains pending before the
U.S. District Court for the District of Delaware.
On Dec. 17, 2007, Spear…
Valeant Pharmaceuticals International, in its Form 10-Q dated Aug. 11, 2008, disclosed that it expects to be dismissed with prejudice from Kathleen M. O’Connor’s product liability lawsuit on Permax soon.
On Feb. 8, 2007, the Company was served with the…
Cardinal Health Inc. and the Drug Enforcement Administration of the U.S. Department of Justice, on Aug. 7, 2008, reached an oral agreement in principle to resolve the license suspensions.
The agreement is subject to the completion of definitive documentation as…