Biovail's plea bargain doesn't just close an ugly chapter in the Toronto-based company's history.
It also pulls the rug out from under a multiyear quest by the company's former management, led by onetime CEO Eugene Melnyk, to blame an alleged conspiracy of hedge funds and research analysts for Biovail's financial and legal woes.
Roddy Boyd in FORTUNE has more.
It also pulls the rug out from under a multiyear quest by the company's former management, led by onetime CEO Eugene Melnyk, to blame an alleged conspiracy of hedge funds and research analysts for Biovail's financial and legal woes.
Roddy Boyd in FORTUNE has more.
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