Concern that Sacklers are hiding opioid money prompts call for special examiner

Protesters hold up sign that says

Enlarge / WHITE PLAINS,
WESTCHESTER, United States – Oct. 10, 2019: Protesters holding
banners outside the courthouse. (credit:
GettyErik McGregor
)

A federal bankruptcy judge on Wednesday extended “extraordinary”
protections for the mega-rich Sackler family amid
a call from legal experts
for a special examiner to investigate
the family’s finances and role in the opioid crisis.

The Sacklers own and control OxyContin-maker Purdue Pharma,
which has largely been blamed for helping to spark the opioid
crisis that now kills 130 people
in the United States each day
. The Sacklers and Purdue face
around 2,000 lawsuits from states, cities, and municipalities, all
alleging that they aggressively marketed their opioids and misled
regulators, doctors, and patients about the drugs’
addictiveness.

Purdue
filed for bankruptcy
in September as part of
a tentative settlement agreement
with over 2,600 plaintiffs.
But the Sacklers—who have an estimated worth of $13
billion
— have not filed for bankruptcy. Moreover, state
attorneys general have accused the family of quietly siphoning some
of Purdue’s $35 billion from OxyContin sales into their own pockets
and out of reach from litigation.

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Source: FS – All – Science – News
Concern that Sacklers are hiding opioid money prompts call for special examiner