Judge: Purdue workers should get bonuses, but maybe not CEO The judge overseeing the bankruptcy case of OxyContin maker Purdue Pharma says most of the company's employees should receive bonuses next yearFILE - This June 17, 2019, file photo shows 5-mg pills of Oxycodone. The judge overseeing the bankruptcy case of OxyContin maker Purdue Pharma will consider Wednesday, Dec. 4, 2019 whether the company's CEO should get a bonus equal to half his $2.6 million salary. Judge Robert Drain said he would sign an order for all the employees except Landau to get bonuses next year. Whether troubled companies should be allowed to pay bonuses to executives and other critical employees is a common topic debated during bankruptcy proceedings. This year, a judge approved paying rank-and-file workers for Pacific Gas & Electric Corp. $235 million in bonuses but nixed millions in extra pay for top executives.
Source: ABC News December 04, 2019 19:18 UTC