Attorney General Aaron M. Frey Seeks Court Approval for Settlements with Ascend, Citron, and Mayne Pharma Over Conspiracy to Inflate Prices and Limit Competition
Attorney General Aaron M. Frey Seeks Court Approval for Settlements with Ascend, Citron, and Mayne Pharma Over Conspiracy to Inflate Prices and Limit Competition 10/08/2026 Jules.M.Olson@… Thu, 10/08/2026 - 16:20 FOR IMMEDIATE RELEASE Contact: Danna Hayes Danna.hayes@maine.gov If You Bought Certain Generic Prescription Drugs in the United States Between May 2009 and December 2019, You Could be Eligible for Money AUGUSTA – Attorney General Aaron M. Frey today joined a coalition of 45 states and territories seeking court approval of three settlements with Ascend Laboratories, Citron Pharma and Mayne Pharma to resolve allegations that the generic drug manufacturers engaged in a widespread, long-running conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade with regard to numerous generic prescription drugs. Ascend will pay $400,000 to the states. Mayne will pay $650,000. Citron’s settlement only includes non-monetary terms as it has ceased business operations. As part of the settlement, the companies each agreed to meaningful injunctive terms including a series of internal reforms to ensure fair competition and compliance with ant
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