Purdue Brass 'Milked' $4B From Opioid Addiction: Mass. AG
Law360, Boston (February 1, 2019, 9:18 PM EST) -- Purdue Pharma LP’s controlling Sackler family paid itself $4.2 billion in opioid money over 10 years as the company aggressively pushed sales and then tried to use its knowledge of addiction to expand into the treatment market, according to newly public allegations in a suit brought by the Massachusetts attorney general.
Included in the newly unredacted sections of Attorney General Maura Healey’s complaint are allegations that Purdue CEO Richard Sackler “proposed that the family should either sell Purdue in 2008 or, if they could not find a buyer, milk the profits out of the business and ‘distribute more free cash flow’...
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