- 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.
He told them an investment banker had once told him that his family “is already rich, the one thing you don’t want to do is to become poor.” David Sackler responded the same day: “[W]hat do you think is going on in all of these courtrooms right now? We’re rich? For how long? Until which suits get through to the family?”
The family denied the civil allegations and said that when they previously served on Purdue’s board, they relied on management assertions the company was acting lawfully. They decided to resolve the investigation to facilitate a broader settlement of widespread opioid litigation against themselves and Purdue, they said.
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. officials said their settlement with the Sacklers did not release them from fraudulent transfer claims Purdue’s estate could bring.
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.
Shouldn’t they be fretting over a long prison sentence?
Seeing someone addicted to opioids will make you never want to touch it.
fretting over wealth but not the people left addicted or dead.
R, There is a present loop hole the size of the atlantic Ocean today ' you can order this class online and no questions asked and with that said imagine what's going down in the dark web ecommerce
Poor little family of murderers and rightwing zealots. They’ve caused so much suffering it makes one wish Hell was real.
Hypocrites whine over simple health care for all while evil freak families like this just go about killing hundreds of thousands ,and reaping billions.
Ah, yes, the Sackler family ... killing vulnerable Americans for fun & profit.
Sue the pants off them
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »