1. Lawsuit alleges managers of Allergan engaged in smear campaign against Valeant

    Lawsuit alleges managers of Allergan engaged in smear campaign against Valeant

    Pershing Square Capital Management says that it has uncovered evidence that the management of Allergan Inc. made false and misleading statements about Valeant Pharmaceuticals Inc. as part of a "scorched earth" campaign to thwart the Canadian company’s hostile takeover of the California-based maker of Botox...

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    1. Allergan stands by its statements regarding the unsustainability of Valeant's business, and we welcome the opportunity for a full hearing on Valeant's business model at the appropriate time.
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