Opioid Company Founder Says Government Probes Made His Only Asset Nearly Worthless

Mealey's (January 7, 2020, 6:54 PM EST) -- BOSTON — The former CEO of opioid drug maker Insys Therapeutics Inc. on Dec. 31 told a Massachusetts federal judge that his largest “tainted” asset that is available for forfeiture to the U.S. government is his stock in his former company and that that stock now has the value of a penny stock after the government’s indictment of him and other executives and a multimillion-dollar civil settlement forced the company into bankruptcy (United States v. John N. Kapoor, et al., No. 16-cr-10343, D. Mass.)....