Legal Question in Civil Litigation in Colorado

I was a co-defendant with another inidividual/business entity in a federal civil lawsuit that was settled last summer. Now this individual is representing a sales agreement for all the intellectual property from the company (highly undervalued) that pre-dates the settlement agreement, leaving almost no assets. While I believe that this document is patently false and was created very recently pursuant to some other legal action they are involved in, if they represent this document as true, then there is a major concern of misrepresentation in last summer's settlement. If that is the case, can the settlement be voided? Does the case then go back to the status it was at before the settlement agreement? (There was no arbitration clause in the settlement agreement.) If I signed the settlement in good faith, but this other individual/business entity signed it in bad faith, do I have any recourse in the way of a cross-claim against the former co-defendant(s) or any other way to maintain my portion of the settlement (basically, named in an injunction but owing no money)? I may be able to work something out privately with the erstwhile plaintiff, with whom I have a cordial relationship, but there is no guarantee.

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