Many institutions dropped the Sackler name as lawsuits over the opioid epidemic piled up, but Tel Aviv University has resisted pressure to do so
A federal judge on Thursday overturned Purdue Pharma’s $4.5 billion opioid settlement, which had shielded members of the Sackler family who own the company from future lawsuits related to the epidemic. U.S. District Judge Colleen McMahon in New York wrote in a 142-page opinion that the settlement that granted immunity to the Sacklers was “inconsistent”…
Purdue Pharma has a bankruptcy plan that may ensure the Sackler family keeps their fortune. Purdue, maker of the painkiller OxyContin, filed for Chapter 11 as it began the process of the settling several lawsuits, The Washington Post reported. The company asked the judge on Wednesday to temporarily pause the lawsuits racking up against the…
(JTA) — The Sackler family-owned Purdue Pharma filed for bankruptcy as part of a tentative $12 billion settlement with dozens of state and local governments that filed lawsuits accusing the company of fueling and profiting from the opioid epidemic. The company’s board met Sunday evening to approve the move, Reuters reported, and the bankruptcy was…
Purdue Pharma, the pharmaceutical company owned by the Sackler family that lied about the addictiveness of its drugs and fueled a national health crisis that has claimed 400,000 lives, is currently the subject of over 2,000 lawsuits in the U.S. The company can now add Italy to its list of woes, as detailed in a…
Last week, in a sea change for the world of art philanthropy, three major museums decided to reject donations from the Sackler family. The museums, which announced their decisions over the course of three days, are the London-based National Portrait Gallery and Tate galleries and the Solomon R. Guggenheim Museum in New York. Yesterday, the…
If you were at the Guggenheim Museum on Saturday you could have caught a free new exhibit, created by Jewish artist Nan Goldin and her group “PAIN” (Prescription Addiction Intervention Now.) Around 6:30pm, flurries of fake scripts fell from the ceiling of the iconic building, proscribing Solomon R. Guggenheim 80 mg of OcyContin, to be…
(JTA) Richard Sackler and other members of his family are accused of directing their pharmaceutical firm Purdue Pharma to mislead doctors and patients about the dangers of the opioid painkiller OxyContin produced by the company. The Massachusetts attorney general on Tuesday filed internal company communications that provide the first evidence that the Sacklers made company…
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