Sacklers Take $13B from Purdue Pharma, Offer What’s Left in Opioid Deal
Attorneys general representing nearly half the states and lawyers for more than 500 local governments Friday blasted the terms of Purdue Pharma’s offer to settle thousands of lawsuits over the nation’s opioid crisis in court filings that also said the company had funneled up to $13 billion to its controlling family. Their legal filings said the tentative deal does not contain an admission of wrongdoing from members of the Sackler family, would not stop family members from future misconduct and wouldn’t force them to repay money “they pocketed from their illegal conduct.” The documents say members of the Sackler family, one of the wealthiest in the U.S., made $12 billion to $13 billion from Purdue, a higher amount than court records had previously given. The figure was in a sworn statement given last month by Jesse DelConte, a restructuring consultant for Purdue; an excerpt of his deposition did not specify when those payments were made. FILE – Cars pass Purdue Pharma headquarters in Stamford, Conn., Sept. 12, 2019. Local government lawsuits against the family that owns Purdue Pharma should be allowed to proceed, according to court filings this week. Billions made on OxyContin In a previous deposition, former Purdue chief …