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RSS FeedsB.C. going after family behind OxyContin producer Purdue Pharma
(The Star Books)

 
 

17 september 2019 05:15:35

 
B.C. going after family behind OxyContin producer Purdue Pharma
(The Star Books)
 


VANCOUVER—As it continues its efforts to form a nationwide class-action lawsuit against more than 40 opioid manufacturers and distributors, British Columbia is seeking to “pierce the corporate veil” and target the wealthy family members behind one of the companies.Purdue Pharma Inc., which produces the painkiller OxyContin, filed for bankruptcy protection on Sunday amid numerous class-action lawsuits in the United States. Anticipating the move, lawyers for B.C.’s lawsuit have named members of the Sackler family as defendants.B.C. is suing more than 40 pharmaceutical companies to recoup costs related to the ongoing opioid crisis. The lawsuit states that of the 3,987 Canadians who died of an apparent opioid overdose in 2017, 1,399 were B.C. residents. B.C. is also seeking to get the case certified as a class-action, at which point the lawsuit will automatically include all Canadian provinces and territories.A lead lawyer for the case told Star Vancouver that his team is pursuing members of the Sackler family directly for what they say is their role in the opioid crisis.“If individuals are found liable, the (provincial and territorial) claims are not automatically covered by a corporate bankruptcy. We will still seek recovery (of the money),” said Reidar Mogerman in an email.B.C. first launched its lawsuit in June 2018, but on July 25, 2019, the province submitted a request to add individual members from the Sackler family as defendants. Specifically, it names Raymond Sackler, Richard Sackler, Kathe Sackler, Jonathan Sackler and Theresa Sackler, among others.The application to include the Sacklers in the lawsuit says that the Sacklers have an approximate net worth of $13 billion and that some of the above-mentioned Sacklers “held officer positions with Purdue USA at various times from the 1990s to the 2000s.”“The Sackler defendants personally participated in the development, approval and implementation of Purdue ...


 
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