RE:a cross-border law firm has commenced an investigation VRXambulance chasers !
Look, Valeant pisses people off because they structure their company to minimize taxes. This drives the American gov't crazy. Va;eant also is very agrresive in how the structure themsleves to maximize sales and profits. Almost to the point that no one understands the structures. The shorts use that as part of their cover story when screaming Enron Enron !.Later on, if Valenat shws they were stretching things but not really defrauding anyone, the short guys will just use this as a reason why they thought there could have been fraud going on. With so complicated a structure...what else were they to think.
You can be sure that the shorts make money on these sort of accusations and that they time them for maximum impact and that they tread a fine line which they watch carefully to not to push to the point that people can come after them successfully. They already have their exit planned and no how far they can push before backing off and saying oops...my mistake but you should have more clarity in your structure and operations.
JFF7