Bad Time to Be A Sackler: Purdue Pharma Gets Slammed in New Court Ruling

At this point, the name Sackler has become synonymous with the opioid crisis—a horrific and pernicious phenomenon that has killed more than half a million Americans over the past two decades. And on Thursday, that name suffered yet another blow courtesy of federal judge Colleen McMahon of the Southern District of New York. McMahon elected to overturn a bankruptcy settlement that would have shielded members of the Sackler family—and their company, Purdue Pharma—against current and future civil lawsuits pertaining to the drug OxyContin. In essence, the bankruptcy court was offering to protect the Sackler family members from a certain amount… Read Full Article