SEC Charges Salix Pharmaceuticals and Former CFO With Lying About Distribution Channel

SEC Charges Salix Pharmaceuticals and Former CFO With Lying About Distribution Channel

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SEC
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The Securities and Exchange Commission today charged Salix Pharmaceuticals Ltd. and its former CFO with repeatedly misleading analysts and investors about the company’s future prospects.  The former CFO, Adam Derbyshire, will pay more than $1 million to settle the charges.