Tagged Purdue Pharma

(JTA) — The Sackler family-owned Purdue Pharma filed for bankruptcy as part of a tentative $12 billion settlement with dozens of state and local governments that filed lawsuits accusing the company of fueling and profiting from the opioid epidemic. The company’s board met Sunday evening to approve the move,… Read more »

(JTA) — The Sackler family would give up ownership of Purdue Pharma and pay $3 billion of its own money to settle thousands of state and federal lawsuits over its role in fueling the nation’s opioid epidemic. The settlement, according to a tentative negotiated agreement described to NBC and… Read more »

(JTA) — The National Portrait Gallery in London will not accept a donation of $1.3 million from the Sackler family, which owns Purdue Pharma, the company that makes the opioid OxyContin. Members of the family are facing a series of lawsuits accusing them of profiting off of the opioid… Read more »