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Consumer LawOpioids

Sacklers quit Purdue Pharma board amid OxyContin lawsuits

Two years ago, eight Sackler family members who own OxyContin maker Purdue Pharma served on the company’s board. Today, none of them remain on the panel.

For years, the Sacklers have appeared impervious to outside pressure to reform the company that they closely guard. But the board departures, as well as a number of other major moves in recent months, suggest that the billionaire owners could be rethinking how they run their business, as they grapple with hundreds of lawsuits alleging that Purdue’s marketing stoked the opioid crisis — including complaints by Connecticut, Massachusetts, and most recently, New York, that directly accuse the Sacklers.

Read the source article at TheHour

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