Valeant Falls on Report of Federal Probe

The transcript discusses Valiant's business restructuring efforts, ongoing investigations, and financial challenges. It highlights the company's attempts to manage debt and the potential impact of criminal probes. The discussion also covers the implications of these investigations on debt negotiations and the possibility of significant fines. The focus is on understanding the relationship between Valiant and Philidor, and the broader scrutiny Valiant faces.

What factors could influence the magnitude of fines that Valiant might face?

What is the relationship between Valiant and Philidor, and why is it under scrutiny?