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Monday, June 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Prescription Drugs

The SEC brought federal complaints against Salix Pharmaceuticals and its CFO Adam Derbyshire , claiming they lied about stuffing supply chains for their drugs, and when sales predictably dropped, the share price dropped by 34 percent.

MANHATTAN — The SEC brought federal complaints against Salix Pharmaceuticals and its CFO Adam Derbyshire , claiming they lied about stuffing supply chains for their drugs, and when sales predictably dropped, the share price dropped by 34 percent.

Categories / Securities

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