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SEC Waives $40M Fine For Mallinckrodt In Medicaid Scheme

By Henrik Nilsson ( November 30, 2023, 10:14 PM EST) -- The U.S. Securities and Exchange Commission announced Thursday that it has waived a $40 million civil penalty against pharmaceutical company Mallinckrodt for overcharging Medicaid for one of its flagship drugs, saying the agency considered Mallinckrodt's financial condition and settled its claims on the company's commitment to retain a compliance consultant....

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