{"id":18759,"date":"2010-11-05T07:18:50","date_gmt":"2010-11-05T11:18:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18759"},"modified":"2010-11-05T07:18:50","modified_gmt":"2010-11-05T11:18:50","slug":"sac-capital-biovail-finally-bury-the-hatchet","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2010\/sac-capital-biovail-finally-bury-the-hatchet.html","title":{"rendered":"SAC Capital, Biovail Finally Bury the Hatchet"},"content":{"rendered":"<p>Wall Street Journal &#8211; It isn\u2019t exactly the Treaty of Paris, but it sure ends one of the nastier corporate tiffs.\u00a0Valeant Pharmaceuticals\u00a0and Steven Cohen\u2019s hedge fund SAC Capital today agreed to settle a piece of their long-simmering legal spat over a controversial stock-price decline seven years ago.<\/p>\n<p>A little legal wrap: In 2006, a Canadian specialty pharmaceuticals firm called Biovail had sued SAC and other hedgies, alleging they conspired to drive down the company\u2019s share price around 2003, including by ghost-writing unflattering analyst reports.<\/p>\n<p><strong><a href=\"http:\/\/blogs.wsj.com\/deals\/2010\/11\/04\/sac-capital-biovail-finally-bury-the-hatchet\/\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Journal &#8211; It isn\u2019t exactly the Treaty of Paris, but it sure ends one of the nastier corporate tiffs.\u00a0Valeant Pharmaceuticals\u00a0and Steven Cohen\u2019s hedge fund SAC Capital today agreed to settle a piece of their long-simmering legal spat over [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18759","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18759"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18759\/revisions"}],"predecessor-version":[{"id":18761,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18759\/revisions\/18761"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}