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Allergan sues Valeant, Ackman for alleged insider trading
August 1, 2014 / 3:50 PM / 3 years ago

Allergan sues Valeant, Ackman for alleged insider trading

Aug 1 (Reuters) - Allergan Inc, which is fighting a $51 billion hostile takeover bid from Valeant Pharmaceuticals International and activist investor William Ackman, on Friday filed a federal lawsuit alleging they violated insider trading laws and engaged in other fraudulent practices.

Reporting by Ransdell Pierson

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