Owners of meningitis-linked pharmacy had $20M in frozen accounts

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, first reported by The Tennessean newspaper of Nashville, 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.

Though NECC is an eastern Massachusetts company, their bankruptcy case is being handled at U.S. Bankruptcy Court in Springfield.