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Ex-Salix CFO Pays $1M To End Claims He Misled Investors

By Daniel Siegal (September 28, 2018, 4:43 PM EDT) -- The U.S. Securities and Exchange Commission on Friday charged Salix Pharmaceuticals Ltd. and its former chief financial officer with repeatedly misleading investors about the amount of Salix drugs that wholesale customers were holding in inventory, with the executive agreeing to pay $1 million to settle the charges....

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