BOSTON (AP) -- Attorneys for creditors of a Massachusetts pharmacy linked to a nationwide meningitis outbreak say they've reached a preliminary settlement that would set up a victim compensation fund worth more than $100 million.
Attorney William Baldiga says the agreement was reached among creditors, the bankruptcy trustee and the owners and insurers of the New England Compounding Center. The deal needs approval from a bankruptcy judge.
Since the contaminated steroids were discovered, 751 people in 20 states have developed fungal meningitis or other infections; 64 have died. Michigan, Tennessee and Indiana were hit the hardest.
A federal investigation of the Framingham-based company is ongoing. The company's owners say they deny liability or wrongdoing but want to play a major role in establishing the fund.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.