T. Rowe Price sues Valeant Pharmaceuticals,...

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T. Rowe Price Group Inc. claims its shareholders suffered over $76 billion in market capitalization losses because of an alleged “fraudulent scheme” engaged in by Valeant Pharmaceuticals International Inc. and its top executives. In a lawsuit filed by T. Rowe (NASDAQ: TROW) earlier this week that became public Thursday, the Baltimore-based money manager claims Laval, Quebec-based Valeant used a secret pharmacy network, deceptive pricing and reimbursement practices, and fictitious accounting to shield…