Scoop on Bausch off label selling lawsuit?

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Anonymous said:
So... what do we really know? Anybody have any details? Products? Where were the off label selling incidents? Reps? Managers?
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Everything has been under way for over 1-2 years on the lawsuit. You won't hear about the case until B+L is named to go to court over it since everything is done behind closed government doors. Rest assured it's in progress.
 






B&L will settle out of court and you'll never hear about it. The govt has too many great pieces of evidence. B&L loses big in court. Lawyers will settle for a couple hundred million easy. Govt hasn't even hit them yet as far as I know. Only been in progress 6 months. More info on here than B&L even knows. These things take time. It's under seal. I only post so a potential buyer sees it and runs from the LE and Besi products. Whoever buys them has to pay 100s of millions in penalties.
 












Anonymous said:
Based on these replies - nobody knows anything. May or may not be true.
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The people involved, who are under seal, know. But to who ever started this thread, be careful what you post on here. You are giving B&L a heads up on what is happening and that could jeopardize the way the DOJ and FDA handle this mess of a company. Plus it gives them more time to plan a rebuttal. If you don't believe me, ask your attorney.
 






They can prepare all they want. The people at the top know the company produced so much off label collateral that they have no shot at a defense. All they can do is agree to whatever the OIG wants because if they take it to court, they will get everything they ask for. Too much evidence, detail aids, and correspondence with top officers during the time. VPs talking about off label promotion and pushing bottle size with multiple scripts. Really egregious stuff. When you read those past emails now it's just blatant and really grotesque. Most of those execs are long gone, but then KK and PS come in and try and do the same thing with Besi and lotemax in an underhanded way with coded language in emails.

You know what's ridiculous? For a decade B&L went off label and reps thought about reporting it but never did because they liked their managers and management team. Those two idiots come in and half a dozen reps file whistleblower suits. B&L will now pay for their hubris.
 






Anonymous said:
The people involved, who are under seal, know. But to who ever started this thread, be careful what you post on here. You are giving B&L a heads up on what is happening and that could jeopardize the way the DOJ and FDA handle this mess of a company. Plus it gives them more time to plan a rebuttal. If you don't believe me, ask your attorney.
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You are full of S---. If DOJ is after BL they have no way of "preparing" because DOJ already has evidence they need to build a case. Also, nothing posted on CP is going to have any impact on how DOJ handles a company they find in violation of regulations. What kind of a fool are you?
 






Anonymous said:
You are full of S---. If DOJ is after BL they have no way of "preparing" because DOJ already has evidence they need to build a case. Also, nothing posted on CP is going to have any impact on how DOJ handles a company they find in violation of regulations. What kind of a fool are you?
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Yes the DOJ does have the information, but it will also depend on what the FDA wants to do with the information. And by the way, all information is looked at, including the crap on CP. Of course it is not given the same respect as the sales aids, corporate emails, etc. and there is a ton of blatent off-label documentation out there to support this claim. If you and your attorney(s) have not yet discussed this, then you completely could jeopardize the direction this whole thing goes. Your attorney should have advised you that since the situation was under seal, you are not allowed to discuss with anyone. That includes posting information on CP.
 






And in case you were wondering, I hope they go down for everything they've done. What a total bunch of self absorbed individuals in upper management and HR. Liars all around. I hope they have to pay big for their actions.
 






Anonymous said:
Yes the DOJ does have the information, but it will also depend on what the FDA wants to do with the information. And by the way, all information is looked at, including the crap on CP. Of course it is not given the same respect as the sales aids, corporate emails, etc. and there is a ton of blatent off-label documentation out there to support this claim. If you and your attorney(s) have not yet discussed this, then you completely could jeopardize the direction this whole thing goes. Your attorney should have advised you that since the situation was under seal, you are not allowed to discuss with anyone. That includes posting information on CP.
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OMG. As previous stated no one knows if this is true or not. Total specualtion about a serious situation.
 






Several people know the truth about this. The suit is real.

Multiple reps filed off label suits against the company. 1 was lucky enough to be first to file. That person will collect 10s of millions of dollars in the years to come. Conservatively this is a 500 million dollar lawsuit. The OIG gets to keep all of the evidence submitted from all of the reps that filed, but only the first to file the suit gets the 15 to 30%.

Since many tenured people were fired around the same time in the past couple years, they all filed around the same time. So when the OIG got blasted from multiple districts across the country with the same suit, they jumped since it told them this was a coordinated nationwide company led directive.

That's what we know. From this point on, we won't know any more until it is made public because everyone that wasn't first to file was dismissed. The only person that really knows the current status will have to wait a few years to collect their millions. But when the dust settles they will definitely get paid some serious money. Nice to be them. I wish I filed it the day Warburg took over. I would have been first and I would have been paid out by now.
 






The company may file for bankruptcy. WP could be making sure as much money gets transferred to the WP books before this happens.

This lawsuit will not make a dent in WP profits. B&L will be scrapped way before this lawsuit is finalized.
 






Anonymous said:
The company may file for bankruptcy. WP could be making sure as much money gets transferred to the WP books before this happens.

This lawsuit will not make a dent in WP profits. B&L will be scrapped way before this lawsuit is finalized.
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How does a private equity firm slowly remove money and assets away from the company? Does B+L pay WP a percent of sales each quarter? Do WP executives get their salaries paid by B+L? Can WP sell the company assets such as buildings and manufacturing plants and put the profits into a WP bank account?

The only people that might care about accounting gimmicks I suppose would be the banks that loaned money to B+L and WP. They probably want to make sure that WP does not walk away from their mortgage like so many did when the housing bubble burst.
 






Anonymous said:
Several people know the truth about this. The suit is real.

Multiple reps filed off label suits against the company. 1 was lucky enough to be first to file. That person will collect 10s of millions of dollars in the years to come. Conservatively this is a 500 million dollar lawsuit. The OIG gets to keep all of the evidence submitted from all of the reps that filed, but only the first to file the suit gets the 15 to 30%.

Since many tenured people were fired around the same time in the past couple years, they all filed around the same time. So when the OIG got blasted from multiple districts across the country with the same suit, they jumped since it told them this was a coordinated nationwide company led directive.

That's what we know. From this point on, we won't know any more until it is made public because everyone that wasn't first to file was dismissed. The only person that really knows the current status will have to wait a few years to collect their millions. But when the dust settles they will definitely get paid some serious money. Nice to be them. I wish I filed it the day Warburg took over. I would have been first and I would have been paid out by now.
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OK. Now I understand. You are a disgruntled EX employee. Cool.
 


















It's no secret that this goopy slop is being marketed by B&L at an unusually high rate of off-label use. Probably close to 90% of sales are for off-label use. Time will tell if legal action will result in any penalties. Probably will be ignored, similar to many other improprieties at B&L since Perry schlubbed his way in the door.
 






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