According to court records cited by CNBC, John Thomas Howard, chief financial officer and director of Canada's CANARX, was arrested on Sunday and faces charges including smuggling, conspiracy, and the illegal importation of prescription drugs. His brother, Bob Howard, the company's president and director, is also being sought in the investigation but has not yet been detained. Legal counsel for the company stated that both men deny all charges and will mount a vigorous defense in court. These are criminal charges and do not yet constitute a conviction.