The US Supreme Court rejected the bankruptcy deal that had been negotiated by the Sackler family, the people behind Purdue Pharmaceuticals that was responsible for aggressively and falsely marketing opioids to large numbers of doctors and their patients, resulting in the massive opioid epidemic that we currently have in the US that has devastated families and communities. The drug was heavily marketed to doctors as having low risk of addiction, which was not true.
The Sacklers had brought the settlement in front of a friendly bankruptcy judge that effectively shielded much of the vast personal fortunes they had accumulated and instead passed the cost on to the company, which has filed for bankruptcy, on friendly terms, while not having to admit guilt and getting total immunity from future lawsuits that will leave their personal fortunes intact. For more details on why the bankruptcy deal was so bad, see here.
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