Attorney: Pharmacy tied to outbreak paid out $70M

SPRINGFIELD, Mass. – An attorney says a Massachusetts pharmacy blamed for a nationwide meningitis outbreak paid out more than $70 million to its owners and their other companies in the last six years. Creditors’ attorney David Molton made the disclosure Thursday at a U.S. Bankruptcy Court hearing. At the hearing, Judge Henry Boroff gave a committee of creditors the right to seek a freeze on the New England Compounding Center’s assets. Molton had argued the company had a history of removing its assets. Boroff also agreed Thursday that an independent trustee should be appointed to oversee the bankruptcy.