Mealey's Bankruptcy - NECC, Insiders, Insurers Pay $100M For Victims Of 2012 Fungal Meningitis Outbreak

Mealey's Bankruptcy - NECC, Insiders, Insurers Pay $100M For Victims Of 2012 Fungal Meningitis Outbreak

BOSTON - The bankruptcy trustee for New England Compounding Pharmacy (also known as New England Compounding Center, or NECC) on May 6 filed motions formalizing a previously announced $100 million settlement with the company, its insiders and some of its insurers to pay patients who were injured or killed by fungal meningitis allegedly caused by the pharmacy's contaminated steroid (In Re: New England Compounding Pharmacy, Inc., No. 12-19882, D. Mass. Bkcy.).

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