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StockGate: Gradient Reportedly Admits To Producing Biovail Research Without SEC-Required Compensation Disclosures.

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| March 27, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From FinancialWire)

Byline: Dan Abrams, Pete Williams

FinancialWire-27 March 2006-StockGate: Gradient Reportedly Admits To Producing Biovail Research Without SEC-Required Compensation Disclosures (C)2006 Investrend Communications, Inc.

March 27, 2006 (FinancialWire) Gradient Analystics, the subject of an expose on Viacom s (NYSE: VIA) CBS network s 60 Minutes Sunday night, for alleged biased research produced on Biovail (NYSE: BVF), has now admitted that giant hedge fund SAC Capital Management paid it for its research, and there were no required U.S. Securities and Exchange Commission disclosures, according to Charles Gasparino, reporting on ...

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