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Valeant Losses Could Hurt Retirement Plans at More Than 50 Companies
The Wall Street Journal; subscription may be required 
Mar. 23, 2016
"More than 50 companies have offered Sequoia Fund Inc. as an investment option in their employee savings plans, according to 2014 data ... Sequoia's largest holding -- at one point last year more than 30% of its portfolio -- is Valeant Pharmaceuticals International Inc. The drugmaker's stock has tumbled about 70% this year amid questions about its accounting and business practices.... Investment consultants say it is rare for workplace plans to offer mutual funds like Sequoia that have concentrated bets."
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