The legal odyssey for OxyContin maker Purdue Pharma and its owners is complex. Here's what to know
The Supreme Court has rejected a settlement for OxyContin maker Purdue Pharma and members of the Sackler family who own the company
Members of the Sackler family who own OxyContin maker Purdue Pharma have been cast as prime villains in the U.S. opioid epidemic.
The Supreme Court on Thursday rejected a deal for the company to settle thousands of lawsuits over the toll of opioids through bankruptcy court. The deal was to be financed largely through the company being converted to a public benefits corporation, with profits being used to fight the opioid crisis, and the owners kicking in up to $6 billion for the same purpose.
But in a 5-4 ruling, the court rejected the plan because it would have extended protection from civil lawsuits to company owners who didn't seek bankruptcy protection themselves — and not all the parties agreed to that.
Here's a look at the family, the Stamford, Connecticut-based company the overdose crisis: