Sackler Family Member Apologizes for Pain OxyContin Caused (1)

Aug. 19, 2021, 10:40 PM UTC

A $10 billion deal that would include sweeping legal releases to members of the Sackler family that own Purdue Pharma LP hovered over the company’s bankruptcy trial on Thursday as a former board member apologized for the drugmaker’s role in the U.S. opioid crisis

Mortimer Sackler, son of the late Purdue co-owner of the same name, fielded lawyers’ questions by video conference in a remote trial that will determine whether the proposed settlement is approved. As part of the pact, the family is putting up about $4.3 billion to resolve thousands of opioid claims by cities, states and counties that ...

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