Sens. Call Purdue CEO Bonus An 'Affront' To Opioid Victims
By Mike LaSusa (September 21, 2020, 10:43 PM EDT) -- A handful of U.S. senators urged a New York bankruptcy judge Monday to reject a compensation proposal that could see Purdue Pharma CEO Craig Landau pocket a bonus of up to $3.5 million, calling the possibility an "affront" to victims of the opioid crisis.
The Democratic senators told U.S. Bankruptcy Judge Robert Drain they were "extremely concerned" about the proposed payout to Landau, which they said comes as the Purdue CEO has recently been implicated in "significant criminal activity" at the drugmaker. Purdue entered bankruptcy last year amid thousands of lawsuits over its alleged role in helping stoke the opioid crisis....
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