Free Republic

The family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks and advisers to Purdue and its owners, the Sackler family — said it has already documented $1 billion in transfers between those parties. Those transactions include millions shifted from a Purdue parent company to former board member Mortimer D.A. Sackler, prosecutors said in the papers. Prosecutors say Sackler then redirected substantial amounts...

OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drugmaker contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday. The potential move shows how Purdue and its wealthy owners, the Sackler family, are under pressure to respond to mounting litigation accusing the company of misleading doctors and patients about risks associated with prolonged use of its prescription opioids.

C-Span will repeat today's Q&A on the new documentary "The Lottery", with Brian interviewing Medeleine Sackler, the producer-director, starting at 11:00 EDT. Sackler set out to follow the attempts of four youngsters in Harlem to gain admission to charter schools, where their parents believed they would receive better education than in the regular public school system. Charter schools are partially supported by public funds, but also by private money, and accordingly are not forced to operate under many of the restrictions facing the public system, including especially unionized teachers. Thus the charters face considerable resistance from the community, fostered by...