The leader of New York state’s top financial regulatory agency blasted efforts by Purdue Pharma on Monday to pay out $34 million in bonuses to its employees as part of the company’s bankruptcy proceedings, citing the state’s ongoing investigation into the opioid industry.
New York Department of Financial Services Superintendent Linda Lacewell urged a federal bankruptcy judge in a letter to reject the company’s request, citing the damage done through the country’s opioid crisis.
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