The Sackler family made billions of dollars by getting America hooked on prescription painkillers. Many states and individuals have filed lawsuits against them for this.
Now they have been granted immunity from lawsuits despite not even filing personal bankruptcy. They get to keep their billions.
A small time drug dealer gets put away for 20 years for doing this.Some estimates have put the total Sackler fortunes at $11 billion, with a substantial amount in offshore accounts. The bulk of the payments will be disbursed over nine years, largely from proceeds on their investments, bolstered by eventual sales of their international opioid businesses.
The Sacklers have long been philanthropists, with the family name emblazoned on countless buildings, though many institutions have removed the Sackler name from public view in recent years. In the bankruptcy settlement plan, they have agreed to let American academic, medical and cultural institutions remove the Sackler name from their physical facilities, so long as the programs agree not to disparage the Sacklers.
A billionaire family gets to keep their billions.