/biz/ - Business & Finance

>>13919273
>scandal

They've got a history of "scandal"
-FDA downgrades and attempts to withdraw approval for drugs, only halted by legal petition
- EPA violations
- price fixing
- failure to disclose end of contract in earnings report (cooking the books, exaggerating future earnings)
- CEO had to panic quit
- Senior Vice President and Chief Commercial Operations Officer, Maureen Cavanaugh, as well as LCI's current Director of National Accounts, Tracy Sullivan-DiValerio, are named in the suit.

This play is risky as fuck
the only thing I'd say that isn't accounted for is the push for american generics over chinese generics because trade war

Do they manufacture any of their drugs in China? Is that why the FDA found their Glycolax, Concerta, and ritalin to be low quality?

There's way too much smoke here for you to think there's no fire. Company is going to be in court forever, and can't seem to avoid criminal activity.

I will not do any more looking in to LCI, nor will I throw my money on this burning money-pit

>inb4 butthurt conman calls me a faggot