Pharma Exec To Pay $20M Over Illegal Bonus
Valeant, formerly known as ICN Pharmaceuticals Inc., sued Panic and other top executives in 2003 to recover $48 million in what it claimed to be unfair bonuses.
Panic, who founded ICN in 1959, earned $63.5 million in 2002, including a whopping $33 million in bonuses.
After Panic was ousted in...
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