A pharmaceutical distribution company, its former CEO, and another top executive have been criminally charged for their role in the opioid crisis that continues to plague the United States. The indictments for conspiracy to violate narcotics laws mark the first time a major drug distributor or executive has been indicted on drug trafficking charges, according to prosecutors.
Charges were filed by the U.S. Attorney for the Southern District of New York against the Rochester Drug Co-Operative, the company’s former CEO Laurence Doud III, and William Pietruszewski, the former chief compliance officer for the firm. The company was charged on Tuesday with conspiracy to violate narcotics laws, conspiracy to defraud the U.S., and willfully failing to file suspicious order reports.
Doud has been charged with conspiracy to distribute controlled substances and conspiracy to defraud the U.S. and was taken into custody on Tuesday for a court appearance. Doud plans to fight the charges, according to his attorney. Pietruszewski has entered into a cooperation agreement with prosecutors and pleaded guilty on Friday to charges of conspiracy to distribute controlled substances and conspiracy to defraud the U.S., as well as a charge of willfully failing to file suspicious order reports with the Drug