Breakingviews on Twitter
Search League Tables

Tuesday, 06 October 2015

Stevie Cohen scores a Biovail win for all shorts

Short changed

Blaming the bears is a tempting, diversionary tactic for companies under pressure. But Biovail s frivolous suit against fund heavyweight SAC backfired. Companies that use the courts to attack skeptics deserve a caning. If anything, Biovail s $10 mln penalty may even be too light.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)