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"When unemployment goes down and then starts going up, you generally have a recession soon thereafter," Traynor warned.
The company also operates in New York, New Jersey and Connecticut.
"Purdue Pharma and its executives built a multibillion-dollar business based on deception and addiction," said Massachusetts Attorney General Maura Healey.
William B. Meyer Inc. has been servicing its Bay State customers from its Windsor, Conn., locale.
State Street Corp. violated Massachusetts law by overcharging customers up to $200 million, according to Mass. Secretary of State William Galvin.
While business leaders in southwestern New England are still optimistic about what 2013 will bring, fewer of them are as optimistic as they were last year, according to a recent report.