Cadden's Wife Due $103,441 Reimbursement

By Walter F. Roche Jr.

Federal prosecutors have moved to reimburse the wife of a convicted drug company owner for expenses incurred prior to the sale of his house under a federal forfeiture order.
In a filing today in U.S. District Court in Boston, Mass, the U.S. Attorney asked for the release of $103,441.37 to the lawyer representing Lisa Cadden, the wife of Barry Cadden, who is now serving a nine year sentence following his conviction on racketeering, conspiracy and mail fraud charges.
Cadden's home at 13 Manchester Drive in Wrentham, Mass. was sold for $1.3 million last December under the terms of a settlement agreement between federal prosecutors and the Caddens.
Under the agreement the proceeds from the sale were split between Lisa Cadden and the U.S. Justice Department.
The final sales price was less than half of the original asking price of nearly $3 million. It remained on the market for 343 days.
Cadden was president and part owner of the New England Compounding Center, the company that caused a nationwide fungal meningitis. The outbreak caused by fungus laden steroids sickened 800 patients. Over 100 ultimately died.
The five bedroom 9,000 square foot home, described as "a magnificent private enclave," includes a six-person bar, a salt water pool and a bocce lawn.