Health
Purdue Pharma Backs Creditor Move to Sue Sacklers Over Assets
- Company seeks mediation following Supreme Court ruling
- Creditors say Sackler family members must be held to account
The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members of the Sackler family over allegations that they improperly shifted billions of dollars of Purdue profits into offshore trusts.
The filing is among the first moves from parties in the case after the US Supreme Court last month scuttled a $6 billion bankruptcy settlement that Sackler family members had agreed to pay to resolve claims that the OxyContin manufacturer helped fuel America’s opioid crisis.