Securities & Investment Fraud

Valeant Pharmaceuticals International, Inc. Securities Class Litigation

Lieff Cabraser represents certain funds and accounts of BlackRock  in this individual action against Valeant Pharmaceuticals International, Inc. (“Valeant”) and certain of Valeant’s senior officers and directors for violations of the Securities Act of 1933, the Securities Exchange Act of 1934, and state law arising from defendants’ scheme to generate revenues through massive price increases for Valeant-branded drugs while concealing from investors the truth regarding the company’s business operations, financial results, and other material facts. In September 2018, the court denied defendants’ partial motions to dismiss, and plaintiffs filed an amended complaint. The parties are currently engaged in discovery.