BOSTON, MA - MARCH 13: Insys Therapeutics founder John N. Kapoor leaves federal court in Boston on March 13, 2019. (Photo by Pat Greenhouse/The Boston Globe via Getty Images)
John Kapoor, the billionaire founder of Insys Therapeutics, was found guilty of racketeering and other offenses on Thursday.
Kapoor, in his 70's, is the first pharmaceutical CEO to be hit with a conviction in the wake of the opioid epidemic. Like the four of his colleagues convicted with him, he faces a maximum of 20 years in prison.