US Attorney Charges Two Valeant, Philidor Executives, Alleging ‘Fraud and Kickback Scheme’ – Wall Street Journal

Federal prosecutors filed charges against former Valeant Pharmaceuticals International Inc. executive Gary Tanner and former Philidor Rx Services LLC Chief Executive Andrew Davenport, alleging they engaged in a multimillion-dollar fraud and kickback scheme.

The U.S. attorney’s office alleged the two men conspired to promote Philidor to Valeant to win and control its business, according a complaint. Mr. Davenport allegedly paid Mr. Tanner $10 million in kickbacks in exchange for his promotion of Philidor’s business,…


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