REUTERS: Soon after a Purdue Pharma LP affiliate pleaded guilty to misbranding its addictive opioid painkiller OxyContin in 2007, the company's Sackler family owners fretted about possible threats to their wealth.
Family members on Wednesday said the transfers were proper and that documents scheduled to be released in the future would support that claim. As part of a separate plea deal https://www.reuters.
The Sacklers associated with Purdue are longtime philanthropists worth billions of dollars whose name has adorned museum wings. But museums began shunning donations and distancing themselves from the family after they surfaced in opioid lawsuits.In settlement documents, prosecutors detailed email exchanges among Sackler relatives expressing concerns about the state of Purdue's business, their own finances and the ability to take money out of their company. U.S.
Purdue eventually filed for bankruptcy last year amid thousands of lawsuits from states, cities, counties and other plaintiffs alleging the company and its Sackler family owners aggressively marketed opioids while minimizing their potential for abuse and overdosing. The company and family have denied the allegations.
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