Stockholders Rejoice –

July 21, 2019 – Federal prosecutors in Ohio indicted a pharmaceutical wholesaler, two former executives, and two pharmacists Thursday for conspiring to illegally distribute millions of addictive prescription painkillers in states that are already rife with opioid addiction. Benjamin C. Glassman, the US Attorney for the Southern District of Ohio, said in the indictment that the distribution of oxycodone and hydrocodone pills through local drugstores likely aggravated the opioid epidemic in vulnerable states … The most notable concentration came in the form of Ohio-based distributor Miami-Luken’s distribution of 2.6 million hydrocodone tablets and 2.3 million units of oxycodone to pharmacist Samuel Ballengee’s Tug Valley Pharmacy in Williamson, West Virginia between 2011 and 2015, according to the department.

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