Ackman Has Evidence Of Misleading Allergan Statements, He Just Hasn't Seen It Yet

Bill Ackman says he has evidence that Allergan, Inc. (NYSE:AGN) officials knowingly delivered false and misleading information to their investors regarding the Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) takeover bid. He just hasn't personally seen the evidence yet.

Speaking at a conference in Toronto, Ackman told reporters “We believe they put those statements out [and that] they knew they were false at the time that they made them.”

Ackman refers to Allergan's attempt to describe Valeant takeover bid

Ackman is referring to attempts by Allergan, Inc. (NYSE:AGN) to describe the Valeant Pharmaceuticals...