Buxton helmsley issues letter to mallinckrodt plc. regarding continued evidentially false statements of financials

New york--(business wire)--the buxton helmsley group, inc. (together with certain of its affiliates, “bhg” or “we”), the new york city-based investment advisor to clients with financial interests in mallinckrodt plc. (“mallinckrodt” or the “company”) (nyse: mnk), today issued an open letter (the “letter”) to the company's board of directors, given the company's continued failure to make required write-downs of asset values where expenses are evidenced, in apparent violation of gaap asc 350/360.
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