Valeant Withdraws Guidance

The transcript discusses the uncertainty surrounding a UK supermarket chain's delayed results, which affects investor confidence. The CEO returns from medical leave but will not resume the chairman role, reflecting governance changes. The auditor, Price Waterhouse, is ensuring compliance before filing with the SEC. Internal and criminal investigations are ongoing, with potential implications for the company.

What are the implications of the ongoing criminal investigations?

How does the timeline of criminal investigations differ from investor expectations?