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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by GenericAdvocateon Aug 29, 2016 10:41am
180 Views
Post# 25186591

Punitive Damages Forthcoming?

Punitive Damages Forthcoming?"42.  Defendants [Concordia, Thompson and Saldaha] (i) employed devices, schemes and artifices to defraud; (ii) made untrue statements of fact and/or omitted to state material facts necessary to make the statements not misleading; and (iii) engaged in acts, practices, and a course of business which operated as a fraud and deceit upon the purchases of the Company's securities, in an effort to maintain artificaially high market prices for Concordia' securities in violation of Secion 10(b) of the Exchange Act and Rule 10b-5.  All Defendants [Concordia, Thompson and Saldaha] are sued as primary participants in the wrongful and illegal conduct..."
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