Posts Tagged 'sackler'

Negotiations Fail as Sacklers’ Purdue Pharma Readies for Bankruptcy Protection

“I think they are a group of sanctimonious billionaires who lied and cheated so they could make a handsome profit. I truly believe that they have blood on their hands.” These are the words used by Pennsylvania Attorney General Josh Shapiro after news broke that the Sackler family had tanked negotiations seeking to hold Purdue Pharma responsible for its role in the nation’s opioid crisis.

Reports indicated that a settlement between the states, towns, and other ...

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Family Behind OxyContin Abuse Epidemic Set to Retain Billions in Government Settlement

Purdue Pharma negotiating opioid settlementAfter doing their part to create and profit from an epidemic that has ravaged American communities and left hundreds of thousands of people dead in its wake, the family that is largely behind OxyContin’s rise to opioid prominence is set to keep the vast majority of their wealth and will never see the inside of a jail cell.

A recent article published by The Washington Post outlines the terms of a settlement currently ...

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