Connecticut Won't Let Purdue 'Cry Poverty' and Amends Its Lawsuit
Connecticut Won't Let Purdue 'Cry Poverty' and Amends Its Lawsuit
Purdue Pharma is now attempting to “cry poverty” to avoid have to answer any further for its role in the nation’s opioid epidemic, Connecticut Attorney General William Tong said as the state developed an even broader lawsuit against the maker of OxyContin. Tong filed an amended lawsuit that alleged “hundreds of millions of dollars were fraudulently transferred from Purdue Pharma to the Sacklers [in an attempt] to evade liability.” Connecticut is now seeking to get back some of those funds and “a court order to prevent any additional transfers of money.”The amended lawsuit accusing Purdue of funneling billions of dollars to the Sacklers from the sale of opioids – at a minimum, $700 million a year from 2010 to 2020 – which Connecticut is still attempting to “claw back” to make available to pay court judgments or settlements. Because of this new information, the state has added a charge of fraudulent transfer of funds.“So they were on notice that we were going to hold them responsible or someone was going to hold them responsible for the tremendous financial cost of the addiction crisis fueled in part by Purdue Pharma and its owners and executives, and with that notice…they took billions of dollars out of the company, which were looted and siphoned into trusts and entities controlled by individual defendants, including members of the Sackler family,” Tong said.
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Sources:
CT files new allegations against Purdue, Sacklers in opioid lawsuitPurdue Pharma tries to 'cry poverty' in lawsuit over opioid epidemic, Connecticut attorney general says
About Sara E. Teller
Sara is a credited freelance writer, editor, contributor, and essayist, as well as a novelist and poet with nearly twenty years of experience. A seasoned publishing professional, she's worked for newspapers, magazines and book publishers in content digitization, editorial, acquisitions and intellectual property. Sara has been an invited speaker at a Careers in Publishing & Authorship event at Michigan State University and a Reading and Writing Instructor at Sylvan Learning Center. She has an MBA degree with a concentration in Marketing and an MA in Clinical Mental Health Counseling, graduating with a 4.2/4.0 GPA. She is also a member of Chi Sigma Iota and a 2020 recipient of the Donald D. Davis scholarship recognizing social responsibility. Sara is certified in children's book writing, HTML coding and social media marketing. Her fifth book, PTSD: Healing from the Inside Out, was released in September 2019 and is available on Amazon. You can find her others books there, too, including Narcissistic Abuse: A Survival Guide, released in December 2017.