Sun Pharma drops to 6-year low on report of another whistleblower complaint

Just weeks after Sun Pharma’s stock was hit by whistleblower allegations of insider trading, a second complaint reportedly filed to Indian regulators sent the drugmaker’s shares tumbling to a new six-year low. A whistleblower alleged in a 172-page complaint that dubious transactions amounting to more than Rs 5,800 crore ($816 million) took place between Sun Pharma distributor Aditya Medisales and Suraksha Realty
Read more...

;