ALBUQUERQUE, NM – Attorney General Hector Balderas announces that New Mexico has joined with 49 other states, Washington, D.C., Puerto Rico, and the federal government to settle allegations of fraud against Mallinckrodt ARD, LLC (formerly known as Questcor Pharmaceuticals, Inc.), a U.S. subsidiary of the Irish pharmaceutical company Mallinckrodt plc (Mallinckrodt), which sells and markets pharmaceutical products throughout the nation. The total value of the settlement is $233,707,865.18, plus interest, to be paid over a period of seven years. Of this amount, New Mexico will receive $493,974.38 in restitution.
