Allergan and NY AG Settle Antitrust Suit

Allergan and NY AG Settle Antitrust Suit

Drugmaker Allergan plc and New York Attorney General Eric Schneiderman announced that they had settled litigation brought by Schneiderman under Section 2 of the Sherman Act with respect to sales of Alzheimer’s medications. Under the terms of settlement, Allergan admitted no liability, released its counterclaims, and agreed to pay $172,000 to New York to help defray a portion of the state's litigation expenses. Allergan also agreed to withdraw its petition for a writ of certiorari, filed in the Supreme Court, challenging a decision of the Second Circuit. [11/25/15]

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