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Sackler family shared fears of lawsuits over OxyContin while transferring $10.7B from Purdue


Sackler family expressed fears they could be targeted in lawsuits over OxyContin a DECADE before being sued for fueling the opioid crisis and transferring $10.7billion from their company Purdue Pharma
Court filings unsealed Friday showed members of the Sackler family discussing potential future lawsuits over their role in the opioid crisis as far back as 2007
The family have long denied that the $10.7billion they transferred from Purdue Pharma was an unlawful attempt to shield assets in anticipation of litigation 
The significant transfers were made between 2008 and 2017
David Sackler, who served on Purdue s board from 2012 to 2018, testified in Congress last week that neither he, nor others, anticipated vast litigation ....

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Members of family that led maker of OxyContin deny responsibility for opioid crisis in congressional hearing


Members of family that led maker of OxyContin deny responsibility for opioid crisis in congressional hearing
Meryl Kornfield, The Washington Post
Dec. 17, 2020
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Testifying in public for the first time in decades, members of the family who led OxyContin maker Purdue Pharma apologized Thursday to victims of the national opioid epidemic but did not go as far as accepting personal responsibility for the health crisis.
David Sackler, who served on Purdue s board from 2012 to 2018, and Kathe Sackler, a board member from 1990 to 2018 and a former vice president, faced heated questioning from the House Oversight Committee about how much they knew about the addictive nature of opioids when they encouraged sales of the company s blockbuster drug OxyContin and what their financial gains were. Purdue chief executive Craig Landau also testified. ....

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