Alex­ion CEO, CFO make a sud­den ex­it as in­ter­nal fraud probe ex­plodes in­to a cri­sis

What be­gan a few weeks ago as a de­lay in its quar­ter­ly fil­ing as the re­sult of an in­ter­nal in­ves­ti­ga­tion in­to a whis­tle-blow­er’s al­le­ga­tions on Soliris sales has erupt­ed in­to an ug­ly pub­lic scan­dal to­day at Alex­ion $ALXN, with both the CEO and CFO out the door.

CEO David Hal­lal has re­signed “for per­son­al rea­sons,” the com­pa­ny said in a state­ment. And his de­par­ture is ef­fec­tive now. CFO Vikas Sin­ha is al­so out “to pur­sue oth­er op­por­tu­ni­ties.”

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