Trending

Blog Post

Sackler family may retain majority of wealth even despite opioid crisis settlement
American News

Sackler family may retain majority of wealth even despite opioid crisis settlement 

The Sackler family has reportedly agreed to give up ownership of Purdue Pharma, in addition to paying $3 billion of their own funds to settle thousands of lawsuits from various U.S. states that allege the company has fueled the U.S. opioid crisis. However, new information suggests the family may not pay dime of its own money, will not go to jail, and will likely weather out the storm.

The settlement will address between $10 to $12 billion in lawsuits, while the Sacklers, renowned for their ability to dodge financial responsibility for their actions, are reportedly worth an estimated $13 billion.

Extended Readings(4)

Related posts

©Copyright 2019 The Post Millennial