Valeant Is Being Sued Under Racketeering Law Over Drug Price Hikes
Two groups sued Valeant Pharmaceuticals International Inc. in a proposed class-action lawsuit Monday, claiming the company’s relationship with specialty mail-order pharmacy Philidor Rx Services was illegal and allowed Valeant to overcharge and wrongly charge for prescription drugs, in violation of the Racketeer Influenced and Corrupt Organizations Act. Much of the lawsuit focuses on the …