Purdue Pharma Judge Says Sacklers Face ‘Substantial Risk’ of Liability
The judge overseeing Purdue Pharma’s bankruptcy said Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for “huge amounts of money” over claims the company fueled the opioid epidemic. U.S. Bankruptcy Judge Robert Drain in White Plains, New York, made the remark during closing arguments in a trial over Purdue’s proposed reorganization plan. Drain said he believes some Sacklers face liability, but that “the question is where you draw the line.” Under the deal, which Purdue said …