Sackler family in Podcasts
personAmerican family and owners of Purdue Pharma, involved in legal and financial settlements.
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The company will pay up to $12 billion over time, with $3 billion coming from the Sackler family.
The OxyContin maker and the company owners, the Sackler family, have been at the center of the nation's opioid crisis.
Yesterday, a bankruptcy judge said he plans to approve the deal, which would require members of the Sackler family to pay up to $7 billion over time.
The Sackler family will pay up to $7 billion to Purdue's creditors as part of a restructuring plan a federal judge said he would approve in the coming days.
The Sackler family will pay up to $7 billion to produce creditors as part of the plan.
Under the agreement, members of the Sackler family who own the company will contribute up to $7 billion over time and give up ownership.
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