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Sacklers Say They Won’t Pay $4.5 Billion Opioids Settlement Unless Shielded from Future Lawsuits

HeadlineAug 18, 2021

The billionaire Sackler family, owners of OxyContin maker Purdue Pharma, said it would abandon a pledge to pay a $4.5 billion settlement to help communities that have been devastated by the opioid epidemic, unless they’re granted immunity for all current and future lawsuits. David Sackler, a former Purdue board member and the grandson of one of the founders, made the remarks as he testified at a hearing in federal bankruptcy court Tuesday.

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