November 13, 2017 / 9:23 PM / a year ago

Insys founder fights electronic monitoring ahead of bribery trial

Lawyers for Insys Therapeutics Inc’s billionaire founder sought on Monday to loosen his bail conditions while he awaits trial on charges that he engaged in a scheme to bribe doctors to prescribe an opioid drug, attacking the case against him as “thin.”

John Kapoor, who stepped down as Insys’ chief executive officer in January but remains the company’s majority shareholder, has been free on a $1 million bond following his arrest in Phoenix on Oct. 26, with the condition that he wear an electronic GPS-monitoring bracelet.

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