Montreal based Valeant cost investors billions and Quebec Securities Regulators have done nothing

This pharmaceutical company located in Laval (Quebec) — just outside Montreal — has cost investors mountains of money and the AMF (in Montreal) has not not stopped in anyone in this matter. The story is quite shocking as you can see here @ http://www.nationalobserver.com/2015/12/14/news/canadas-sleaziest-corporate-scandal. This case appears to be to complicated for the staff at the AMF which has limited real world securities experience. The scandal surrounding this company is to big for the AMF to tackle and it involves the CDPQ as investors which is a sacred cow in Quebec. No one at the AMF would dare call the CDPQ on to the carpet.