Biovail Pharmaceuticals Fires Kasowitz Benson From High-Profile Case

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Biovail Pharmaceuticals fired Kasowitz, Benson, Torres & Friedman from its case against several hedge funds and Wall Street analysts Friday, as questions continued over whether the law firm knowingly used documents covered by a protective order to help bring the suit. At issue are documents that were part of a separate class action involving Banc of America Securities LLC. BAS claims Kasowitz Benson and Biovail used the material to pump up the case against the hedge funds.

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