The Sacklers tentatively agreed to pay $3 billion out of their pockets and dissolve Purdue Pharma to settle thousands of opioid lawsuits

The owners of Purdue Pharma — including members of the Sackler family — have reached a tentative settlement agreement in thousands of lawsuits over what accusers say is misleading marketing of OxyContin that’s been partly responsible for the US opioid crisis, the New York Times reported September 11. State attorneys general had previously asked the Sacklers to pay $4.5 billion, according to NPR. Purdue’s accusers claim the company’s misleading advertising helped ignite America’s opioid crisis, Business Insider previously reported. Sales of

Continue reading...