Sackler Family
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Purdue Pharma opioid settlement, bankruptcy deal to get U.S. judge approvalThe deal overseen by a U.S. bankruptcy judge would require members of the Sackler family who own the company to contribute up to $7 billion and give up ownership.U.S. NewsNov 14
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Purdue Pharma, Sackler family to settle U.S. opioid lawsuits for US$7.4BThe $7.4 billion payment to 55 U.S. states and territories is intended to resolve claims that the drugmaker's pain medication OxyContin caused a nationwide opioid addiction crisis.U.S. NewsJun 16
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Purdue Pharma asks for freeze of lawsuits after U.S. Supreme Court rulingThe U.S. Supreme Court ruled on June 27 that Purdue Pharma's bankruptcy settlement can not shield the Sacklers over their role in the nation's deadly opioid epidemic.U.S. NewsJul 9, 2024
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SCOTUS justices voice concern that Purdue bankruptcy deal would protect SacklersAt issue is whether U.S. law allows the legal protections for members of the Sackler family, which owns Purdue, in exchange for up to $6 billion to settle opioid lawsuits.U.S. NewsDec 4, 2023
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U.S. Supreme Court to hear challenge to Purdue Pharma bankruptcy settlementAt issue is whether U.S. bankruptcy law allows Purdue's restructuring to include legal protections for the Sackler family members, who have not filed for personal bankruptcy.U.S. NewsAug 10, 2023
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U.S. tells Supreme Court that Purdue bankruptcy settlement for opioid lawsuits abuses lawPurdue's bankruptcy plan would shield its Sackler family owners from opioid lawsuits in exchange for a US$6 billion contribution to the company's broader bankruptcy settlement.HealthJul 28, 2023
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Lawyers in Canadian opioid class action hope U.S. guilty pleas bolster their caseThe upcoming hearing in Quebec comes after this week's news that Purdue Pharma, the company behind OxyContin, will plead guilty to federal criminal charges in the U.S.CanadaOct 22, 2020
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Mundipharma allegedly using fake doctors, misleading claims to drive OxyContin sales in ChinaAnother company owned by the Sackler family - makers of OxyContin - has used misleading claims and drug reps dressed up as doctors to peddle its signature painkiller in ChinaWorldNov 20, 2019
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Family behind OxyContin secretly wired $1 billion to themselves, New York findsNew York said it has uncovered the previously unknown wire transfers among family members, entities they control and several financial institutions.WorldSep 13, 2019
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OxyContin maker Purdue Pharma reaches tentative opioid crisis settlementArizona Attorney General Mark Brnovich said the agreement included more money from the Sackler family, which had become a sticking point during the recent talks.WorldSep 11, 2019
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