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dollars unless reviews angeles clippers los noted) TORONTO, clippers news recalls Jan 9 (Reuters) - Biovail Corp (BVF.TO) (BVF.N)said on Friday it has reached a settlement with the OntarioSecurities Commission over an investigation into the company'saccounting and disclosure practices dating back to 2001 Los Angeles Clippers - wikipedia . Canada's biggest publicly traded drugmaker said it will pay$5.4 million, including $1.3 million in legal costs, to theOSC, Canada's main securities regulator. The settlement does not cover charges against four formerexecutives, including former chief financial officer KenHowling and founder Eugene Melnyk. The settlement covered an extensive period between 2001 andMarch 2004 and includes a Biovail warning of a revenueshortfall following an October 2003 truck accident involving ashipment of Wellbutrin antidepressant, and the company'sdisclosure of the impact of that accident on its 2003 results Last year, Biovail agreed to pay the U.S. Securities andExchange Commission $10 million to settle the case. "This is $5 million less on the balance sheet but, on theother hand, it's another thing out of the way," said MaximeParis, an analyst at CIBC World Markets in Montreal. "Itreduces the legal liability overhang." The company, under new Chief Executive Bill Wells and CFOPeggy Mulligan, has moved aggressively over the past year torid itself of costly legal issues and to polish its tarnishedreputation.

"They are trying to distance themselves from the old guardand that's a good thing," said Paris los angeles clippers scholarship . Biovail shares were up 0.7 percent at C$13.08 on theToronto Stock Exchange The company still faces a U.S clippers forum . class action suit filed inOctober 2008, which claims it misled investors about theregulatory approval status of its BVF-033 treatment, a saltformulation version of the generic antidepressant WellbutrinXL clippers dancers Los Angeles Clippers . The suit claims that Biovail did not disclose that whilethe U.S clippers game schedule . Food and Drug Administration required a single-dosestudy of the effectiveness of BVF-033, the company had in factsubmitted a multiple-dose study. ($1=$1.19 Canadian) (Reporting by Scott Anderson; editing by Rob Wilson) Stocks Regulatory News Global Markets Clippers nba.com - clippers .

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