The Traderszone Network

Published in TZ Latest News 9 April, 2016 by The TZ Newswire Staff

"It Been Horrendous" – Investor Tries To Pull Cash From Valeant-Heavy Fund, Gets Shares Instead

When people talk about the historic collapse of Valeant’s stock price (down 65% this year), the first name that usually comes to mind is that of Bill Ackman whose Pershing Square has been one of the biggest investors in VRX stock and also one of the biggest losers, wiping out billions in assets under management as a result of Valeant’s unprecedented unwind late last summer.

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