Sackler Lawyer: Payouts Not As Big As They Seem

A lawyer for members of the Sackler family says the amount the family received from OxyContin maker Purdue Pharma was not as big as it seems. Court papers filed Friday by state and local governments cited a Purdue consultant who said that family members made $12 billion to $13 billion from the company they own. But Daniel Connolly, a lawyer for one branch of the family, said that figure does not reflect taxes or the amount the family reinvested in businesses. Purdue is asking a judge to halt all lawsuits against family members as part of a settlement of litigation across the country seeking to hold the company accountable for the opioid crisis. That’s made the wealthy family’s finances subject of legal filings.