BRIEF-Novelion Says U.S. District Court Judge Sentenced Unit Aegerion Pharmaceuticals [Reuters]
NOVELION THERAPEUTICS INC COMMON SHARES (NVLN)
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Source: Reuters
BRIEF-Novelion Says U.S. District Court Judge Sentenced Unit Aegerion Pharmaceuticals | Reuters Reuters Staff 1 Min Read Jan 30 (Reuters) - Novelion Therapeutics Inc: * NOVELION THERAPEUTICS INC - ANNOUNCED THAT A U.S. DISTRICT COURT JUDGE HAS SENTENCED NOVELION SUBSIDIARY AEGERION PHARMACEUTICALS * NOVELION THERAPEUTICS INC - SENTENCE IMPOSED BY COURT IS PART OF AEGERION‘S GLOBAL SETTLEMENT OF INVESTIGATIONS BY U.S. DOJ, U.S. SEC * NOVELION THERAPEUTICS - COURT DECIDED NOT TO IMPOSE CRIMINAL FINE ON UNIT, ESTABLISHED RESTITUTION FUND OF $7.2 MILLION TO BE PAID IN PARTS OVER 3 YEARS * NOVELION THERAPEUTICS-AEGERION‘S GLOBAL SETTLEMENT HAS SERIES OF AGREEMENTS WHICH, IF APPROVED, TO RESULT IN ABOUT $40.1 MILLION PENALTY TO BE PAID OVER 3 YRS * NOVELION THERAPEUTICS - AS PART OF SETTLEMENT, AEGERION ALSO ENTERED 5-YEAR CORPORATE INTEGRITY AGREEMENT WITH DEPARTMENT OF HEALTH AND HUMAN SERVICES Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. S
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