Hedge Funds
Bill Ackman's Pershing Square and Valeant Pharmaceuticals have reached an agreement to evenly split legal costs in their nearly two-year long battle against Allergan shareholders. In June 2015, Allergan shareholders sued Pershing and Valeant, claiming they engaged in an insider-trading and front-running scheme. Just before Valeant launched a hostile bid for Allergan in February 2014,...

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