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Sacklers withdrew over $10 billion in a decade from Purdue Pharma

Sacklers withdrew over $10 billion in a decade from Purdue Pharma

The Sackler family, owners of Purdue Pharma, transferred $10.7 billion from the company to a family-controlled trust since 2008. The enormous cash transfers were revealed in filings by Purdue Pharma in a bankruptcy court Monday. The company filed for bankruptcy in September so as to protect itself from more than 2,700 lawsuits by state and local governments for fueling the opioid crisis.

KCooper
KCooper
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