Family Behind Purdue Pharma Made As Much As $13 Billion From Company

Family Behind Purdue Pharma Made As Much As $13 Billion From Company

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Social Studies

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The transcript discusses the financial gains of the family from Oxycontin, the lawsuits against the company, and the accusations of sparking the opioid epidemic. It covers Purdue Pharma's bankruptcy filing and legal strategy to pause lawsuits. State attorneys general oppose this move, accusing the family of extracting money and avoiding accountability. The Sacklers offer a $3 billion settlement to address the opioid crisis, but many states find it insufficient. The family's attorney argues the settlement allows focus on fighting the crisis rather than court proceedings.

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