Purdue Pharma Offers Plan to End Sackler Control and Mounting Lawsuits

Three open bottles of prescription medication.

In a filing that signifies the beginning of the end of the country’s most notorious manufacturer of prescription opioids, Purdue Pharma submitted its bankruptcy restructuring plan just before midnight on Monday. The blueprint requires members of the billionaire Sackler family to relinquish control of the company and transforms it into a new corporation with revenue… Continue reading Purdue Pharma Offers Plan to End Sackler Control and Mounting Lawsuits