Valeant: Another Fine Mess

Michael Pearson's "Leap Day" return to Valeant Pharmaceuticals International Inc. was supposed to be a victory for the CEO and his firm after he'd spent the past few months on sick leave recovering from a severe bout of pneumonia.

Michael Pearson's "Leap Day" return to Valeant Pharmaceuticals International Inc. was supposed to be a victory for the CEO and his firm after he'd spent the past few months on sick leave recovering from a severe bout of pneumonia.

But before Pearson could get his footing, Valeant got shoved off a cliff on Feb. 29 – tumbling 21% after...

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