Sequoia Fund Wins Dismissal Of Lawsuit Over Huge Valeant Stake

NEW YORK (Reuters) - A New York state judge has dismissed a lawsuit accusing the Sequoia Fund, known for its ties to Warren Buffett, of recklessly making a huge, disastrous investment in Valeant Pharmaceuticals International Inc , causing billions of dollars of losses.

BING NEWS:
  • What I Learned From Sequoia Fund's Tragic Love Affair With Valeant
    What I didn’t know: Valeant was no Berkshire Hathaway. Sequoia did well for four years after I first recommended it. From August 31, 2011, through August 5, 2015, the fund returned an annualized ...
    04/28/2016 - 1:00 pm | View Link
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