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... rather than joining a class-action lawsuit against the company. ... insist on meaningful corporate governance reforms as an important component of ...
In my view, if the SBA files a direct action, the SBA may be able to enhance its recovery above the class action recovery by double-digit millions of dollars.
Given Valeant's prominence in the pharmaceutical industry and the impact its practices have had on a strained American healthcare system, any corporate reforms achieved through this matter should have a lasting and meaningful impact.