July 31, 2020

Bausch Health, Michael Pearson, Howard B. Schiller, Tanya R. Carro

Financial Fraud

SANCTION AMOUNT: $45985000

Defendants: Bausch Health
Michael Pearson, Howard B. Schiller, Tanya R. Carro

Respondent Bausch Health, dually listed on the NYSE and Toronto Stock Exchange (f/k/a Valeant Pharmaceuticals), and its former CEO, CFO and Controller settled charges that the company misstated revenue transactions and included erroneous revenue allocations in SEC filings and earnings presentations.

Key Docs
Official SEC press release

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July 31, 2020

Bausch Health, Michael Pearson, Howard B. Schiller, Tanya R. Carro

Financial Fraud

SANCTION AMOUNT: $45985000

Defendants: Bausch HealthMichael Pearson, Howard B. Schiller, Tanya R. Carro

Defendants: Bausch Health
Michael Pearson, Howard B. Schiller, Tanya R. Carro