Biovail faces lawsuits from hedge fund and analysts it sued
This article was originally published in Scrip
Executive Summary
Two separate complaints have been filed against Biovail by a hedge fund and an analyst firm that allege the Canadian company committed malicious prosecution in filing lawsuits against them in 2006. Biovail's case against the hedge fund was thrown out of court in New Jersey in August 2009 by a judge who said the court lacked jurisdiction.