CANADA - Drugmaker Biovail Corporation has agreed to pay US$138m to settle a securities fraud class-action suit led by the Ontario Teachers' Pension Plan (OTPP) board.
OTPP co-led the prosecution on behalf of a class of investors who purchased Biovail common stock during the period 7 February, 2003 through 2 March, 2004. It was the second largest settlement of a ...
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