Reuters: Biovail execs face SEC charges; company settles

[chris]

Biovail execs face SEC charges; company settles
      

TORONTO/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday that Canada's Biovail Corp  will pay $10 million to settle a probe into fraudulent accounting, but the drugmaker's founder, Eugene Melnyk, and three other current and former executives still face charges.
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