A former CEO of a major drug distribution company is the first to face criminal charges related to America's opioid crisis.
First major drug distribution company, former executives, criminally charged in opioid crisis
Rochester Drug Co-Operative, one of the top 10 largest drug distributors in the United States, was charged Tuesday with conspiracy to violate narcotics laws, conspiracy to defraud the U.S., and willfully failing to file suspicious order reports. "This prosecution is the first of its kind: Executives of a pharmaceutical distributor and the distributor itself have been charged with drug trafficking, trafficking the same drugs that are fueling the opioid epidemic that is ravaging this country," Berman said."Our office will do everything in its power to combat this epidemic, from street-level dealers to the executives who illegally distribute drugs from their boardrooms.
And executives at Rochester Drug Co-Operative purposefully kept suspicions of pharmacies' illegal activity from the DEA, fearing investigations into the pharmacies and potentially losing customers, according to a criminal complaint. Rochester Drug Co-Operative announced it has entered into a plea agreement in the criminal case and a settlement in the civil case. The company has agreed to admit to the accusations, submit to supervision by an independent monitor, reform its compliance program and pay a $20 million fine.
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Former CEO of major drug company first to face charges in opioid crisisLaurence Doud III, the former CEO of Rochester Drug Co-Operative, was indicted Tuesday for narcotics conspiracy and conspiracy to defraud the Drug Enforcement Administration.
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