Filings To Date Show $20M For Pharmacy Owners - NewsChannel5.com | Nashville News, Weather & Sports

Filings To Date Show $20M For Pharmacy Owners

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SPRINGFIELD, Mass. (AP) - Filings to date in the bankruptcy case of a pharmacy tied to a deadly meningitis outbreak show its owners have about $20 million in frozen bank and investment accounts.

The filings came after a judge last month froze the assets of Barry and Lisa Cadden, and Gregory Conigliaro and Carla Conigliaro of the New England Compounding Center.

Creditors requested the freeze, citing worries the assets would be depleted before mounting lawsuits were resolved.

The filings indicate Gregory Conigliaro and Carla Conigliaro have about $3.4 million combined at Middlesex Savings Bank. Bank of America has about $6.5 million in the names of all four. And Carla Conigliaro has about $10 million in a Charles Schwab account.

An NECC-produced steroid has been linked to a fungal meningitis outbreak that's killed 47.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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