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Tribune News Service
Tribune News Service
National
Ron Hurtibise

CEO of Davie, Fla.-based company pleads guilty to distributing tainted drugs, conspiring to defraud FDA

FORT LAUDERDALE, Fla. — The former CEO of a Davie-based drug manufacturer accused of selling tainted stool softeners that sickened dozens and killed three infants has pleaded guilty to four felonies after reaching a plea agreement with federal prosecutors.

Raidel Figueroa, who founded and co-owned the company PharmaTech, turned himself into authorities in April after a grand jury indicted him on nine criminal charges. He entered his guilty pleas Thursday in U.S. District Court in Fort Lauderdale.

Figueroa pleaded guilty to distributing tainted drugs across interstate lines, conspiring to defraud the U.S. Food and Drug Administration, distributing falsifying records in an FDA investigation and obstructing proceedings before the FDA.

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