Sackler family News

Massachusetts Lawsuit Against Purdue Pharma Over Opioid Crisis Will Move Forward

A judge has rejected a request by the billionaire owners of Purdue Pharma LP to dismiss a lawsuit filed by Massachusetts over their role in the state’s opioid crisis. The decision by Superior Court Judge Janet Sanders in Boston on …

City of Vancouver Files Lawsuit Against Major Opioid Producers, Suppliers

The city of Vancouver has filed a lawsuit against major opioid producers and suppliers, joining a long list of cities seeking restitution for the drug’s impact on their communities. The Columbian reports the lawsuit filed this week in U.S. District …

States Suing Purdue Pharma Claim Sacklers Drew $13 Billion Profit from OxyContin

OxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company’s controlling Sackler family, according to U.S. states opposing efforts to halt lawsuits alleging the company and its owners helped fuel the U.S. opioid epidemic. The …

Massachusetts, New York Signal Purdue Faces Stiff Court Fight

The attorneys general of Massachusetts and New York gave Purdue Pharma LP a preview of the opposition it’s facing in bankruptcy court as the embattled maker of the OxyContin painkiller seeks approval of a roughly $10 billion settlement stemming from …

New York Finds $1B in Hidden Transfers by Purdue Pharma’s Sackler Family

The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday. New York – asking a judge to enforce subpoenas of …

Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection

OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Purdue’s board met Sunday evening to approve the long-expected bankruptcy filing, …

States Split Over Purdue’s $12 Billion Opioid Epidemic Settlement Plan

Purdue Pharma LP, maker of the highly addictive Oxycontin painkiller, is pitting state against state with its offer of about $12 billion to resolve the company’s liability for the massive public-health crisis tied to opioid abuse that’s swept the U.S. …

Delaware Attorney General Targets Sackler Family in Opioid Lawsuit

Delaware’s attorney general is suing members of the family that controls OxyContin maker Purdue Pharma, accusing them of consumer fraud, negligence and creating a public nuisance. Monday’s court filing follows more than a dozen similar lawsuits by other state attorneys …

Purdue Pharma Floats $10-$12 Billion Opioid Settlement: Reuters

OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday. Purdue …

Purdue-Linked Entities Get Subpoenas from New York State

New York state sent out dozens of subpoenas to entities linked to Purdue Pharma LP and its billionaire owners, the Sackler family, seeking documents that may show the movement of millions of dollars in profit from sales of the highly …