Jewish family behind OxyContin, will pay $6B
June 30, 2023
(JTA) – The Sackler family, the Jewish billionaires whose marketing of the painkiller drug OxyContin fueled the United States’ ongoing opioid epidemic, will receive full immunity from all civil legal claims in exchange for spending up to $6 billion on addiction treatment and prevention programs.
The decision to grant immunity by a federal appeals court panel Tuesday effectively ends the thousands of civil lawsuits that have been filed against Purdue Pharma, the Sacklers’ company, over opioid deaths.
But it clears the way for the company to declare bankruptcy, a move considered essenti...