March 28, 2016

Valeant share plunge after CEO subpoenaed by Congress

TRENTON, N.J. (AP) - Shares of beleaguered Canadian drugmaker Valeant Pharmaceuticals plunged again Monday after its CEO was subpoenaed by a congressional committee.

The Senate Aging Committee said in a statement that J. Michael Pearson, Valeant's CEO since September 2010, is among the witnesses expected to testify on April 27.

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Source: www.washingtontimes.com stories: Politics