NEWARK, N.J.--(BUSINESS WIRE)--March 24, 2006--Suit Alleges Hedge Funds Conspired with Analysts to Manipulate Markets. A $4 billion class action lawsuit was filed today in U.S. District Court in New Jersey by Lampf, Lipkind, Prupis & Petigrow on behalf of shareholders of Biovail Corporation (NYSE:BVF) (TSE:BVF) against defendants including SAC Capital Management L.L.C. and its founder Steven A. Cohen, Scottsdale Arizona-based Gradient Analytics (formerly known as Camelback Research Alliance), Banc of America Securities L.L.C. and one of its securities analysts David Maris.
