Sackler family

The fate of a $6 billion bankruptcy settlement involving Purdue Pharma, the maker of the powerful and addictive pain medication OxyContin, hangs in the balance as the U.S. Supreme Court prepares to hear arguments on Monday. The settlement, which aims to address the devastating opioid...

A federal appeals court in New York cleared the way for a bankruptcy deal for opioid manufacturer Purdue Pharma in a deal that will essentially protect the Sackler family from future lawsuits in exchange for a contribution of up to $6 billion. The Sacklers earned billions...

King’s College London is the latest UK institution to sever all ties with the billionaire Sackler family amid outrage over its role in the deadly opioid epidemic in the U.S. that, as of 2021, has claimed the lives of more than 106,000 people.  The move comes several...

A fictionalized retelling of events, Netflix (NASDAQ: NFLX) upcoming series "Painkiller" is a scripted limited series that explores some of the origins and aftermath of the opioid crisis in the United States which, as of November 2021, has resulted in 106,000...

After two years of contentious bargaining, a U.S. bankruptcy court judge approved a controversial plan that will dissolve Purdue Pharma, the company that has been blamed for fueling the nation's deadly opioid crisis. The decision provides sweeping immunity and will shield members of the wealthy...