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The Latest Breaking News from Sackler

Purdue Pharma's $7B opioid settlement plan could get votes from victims and cities

A judge could decide Friday whether to advance OxyContin maker Purdue Pharma's $7 billion-plus plan to settle thousands of lawsuits over the toll of opioids

The Independent UK

A judge could advance Purdue Pharma's $7B opioid settlement after all 50 states back it

A judge is being asked to clear the way for local governments and individual victims to vote on OxyContin maker Purdue Pharma’s plan to settle thousands of lawsuits over the toll of opioids

The Independent UK

Purdue Pharma to pay $7.4 billion in opioid lawsuit settlement

Besides the hefty financial reward, the settlement also ends the Sackler family’s ownership of Purdue Pharma and their ability to sell opioids in the U.S.

The Independent UK

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Purdue Pharma $7.4bn opioid settlement wins broad support from US states

The suit, brought by 55 attorneys general, will help compensate victims and fund addiction treatment programmes.

Al Jazeera

10 Times the Rich Used Charities to Hide Their Wealth

When you think about charitable giving, you probably picture genuine philanthropy and heartfelt generosity. However, the world of charitable tax avoidance reveals a darker side where some wealthy individuals have exploited the system for personal gain. These schemes don’t just bend the rules—they often break them entirely, costing taxpayers billions…

The Free Financial Advisor

Eat the rich films have run their course

The bland satire in "Death of a Unicorn" makes its message unappetizing; there are tastier options

Salon

Sackler family to pay $6.5 billion for their role in ‘fueling’ opioid epidemic which has killed hundreds of thousands

Sackler family, who owned pharmaceutical company Purdue Pharma, will no longer be in control of the company or permitted to sell opioids if the new settlement plan is approved

The Independent UK

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New York AG Blasts Sackler Family While Announcing $7.4 Billion Purdue Pharma Settlement: 'No Amount of Money Will Ever Fully Repair The Damage They Caused'

New York's AG shared news of The Sackler family and Purdue Pharma settlement, while stating "no amount of money" could reverse the destruction caused.

Latin Times

Purdue Pharma and owners to pay $7.4 billion in settlement to lawsuits over the toll of OxyContin

Members of the Sackler family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion to settle lawsuits over the toll of the powerful prescription painkiller

The Independent UK

Purdue Pharma Faces Challenges In Opioid Lawsuit Settlement

Purdue Pharma seeks new settlement after Supreme Court rejection in opioid crisis fallout.

Top News

Supreme Court Rejects Opioid Settlement Shielding Sackler Family

Supreme Court rejects opioid settlement involving Sackler family, citing bankruptcy law misalignment and potential unfairness to victims.

The Independent UK

Supreme Court shreds nationwide $6 billion opioid settlement plan in ruling against Sackler family

The Supreme Court said the Sackler family cannot use a Chapter 11 reorganization plan to protect themselves from civil liability

The Guardian - US

US supreme court blocks Purdue Pharma’s bankruptcy settlement that would shield Sacklers from lawsuits

Controversial deal would have protected billionaire family owners from further liability over US opioid epidemic

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The Independent UK

The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma

The Supreme Court has rejected a nationwide settlement with OxyContin maker Purdue Pharma that would've shielded Sackler family members who own the company from civil lawsuits over the toll of opioids but also would've provided billions of dollars to combat the epidemic

Roll Call

Supreme Court blocks Purdue Pharma bankruptcy plan - Roll Call

The 5-4 opinion will send victims of the opioid crisis back to settlement negotiations with the company and the Sackler family.

Evening Standard

Battle for the museum review: Museums get a lot wrong, but then so does this book

In theory, I should like this book. It’s about the corruption of what Rachel Spence calls Planet Art, that, is museums and galleries, and there’s a lot of it about. It extends from the grossly inflated prices given to rubbish artefacts at auction, to the use of cultural philanthropy to…

The Guardian - UK

‘A crazy can-do mentality’: what made New York’s Met one of the world’s mega museums?

It has 1.5m artefacts, 6m visitors, 2,000 staff – and gets by on donations. Max Hollein, the Met’s Austrian-born boss, relives his first five years, when he faced accusations of hoarding, narco-philanthropy and male dominance

Evening Standard

American Mother by Diane Foley review: a searing story of Foley's search to find her son's IS killer

Any book seriously recommended by Patrick Radden Keefe needs to be investigated. The author of Say Nothing, his peerless study of the Troubles in Northern Ireland, and Empire of Pain, his never-less-than shocking investigation into the Sackler family, is one of the most formidable investigative journalists working today, so if…

WEKU

In 2023, opioid settlement funds flowed to states. Here's how it's going

Some $1.5 billion flowed to local government coffers this year, sparking debates about transparency and how to spend the money. Here are 5 takeaways from a year's worth of reporting on the issue.

The Guardian - UK

Best films of 2023 in the UK: No 9 – All the Beauty and the Bloodshed

Laura Poitras’s powerful documentary follows artist Nan Goldin on a successful crusade to publicise America’s opioids crisis

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