Analysis

CORRECTED: Convictions Don’t Mean Valeant Is Off The Hook

Law360 (May 23, 2018, 6:17 PM EDT) -- Valeant Pharmaceuticals International Inc. may have helped prosecutors secure a conviction for a former employee who took a $9.7 million kickback in exchange for pushing Valeant to buy a mail-order pharmacy, but that doesn’t mean the drugmaker won’t face liability over its ties to Philidor Rx Services, attorneys told Law360.

A Manhattan federal jury deliberated for less than one full day before it convicted Gary Tanner, a former mid-level executive at Valeant, of betraying his company and growing its dependence on Philidor so Valeant would acquire the Pennsylvania pharmacy, whose CEO, Andrew Davenport, secretly promised to send Tanner a cut of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!