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"The worst frauds are those that go beyond individual harm to institutionalized systemic fraud - and the opioid scheme is no exception," Governor Cuomo said in a statement. (Photo: John Moore/Getty Images) “The worst frauds are those that go beyond individual harm to institutionalized systemic fraud, and the opioid scheme is no exception,” Governor Cuomo said in a statement. (Photo: John Moore/Getty Images)

New York Governor Andrew Cuomo announced that the New York State Department of Financial Services has initiated administrative proceedings and filed charges against Mallinckrodt PLC and its subsidiaries. These proceedings are reportedly the first to be filed in the Department of Financial Services’ (DFS) ongoing investigation into the entities that created and perpetuated the opioid crisis.

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Hannah Smith

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