Valeant directors, CEO ordered to cease trading shares

The headquarters of Valeant Pharmaceuticals International Inc., seen in Laval, Quebec November 9 2015. REUTERS/Christinne Muschi Thomson ReutersThe headquarters of Valeant Pharmaceuticals International Inc. seen in Laval Quebec

(Reuters) – Valeant Pharmaceuticals International Inc’s directors and key officers have received a cease-trade order by the securities regulator in the Canadian province of Quebec, on the company’s request, Valeant said on Thursday.

In a separate statement, the Autorité Des Marches Financiers said the order takes effect Thursday and is in place for 15 days.

(Reporting by Rod Nickel in Winnipeg, Manitoba)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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