Case of the Sacklers: charitable giving doesn't excuse improper business conduct
the allegations “a misguided attempt to place blame where it does not belong for a complex public health crisis.” But recent revelations tell a different story. While representatives of Purdue Pharma have portrayed Sackler family members as being distant from the day-to-day operations of the company, evidence presented in pending court cases paint a much darker picture.
According to a lawsuit brought by the Massachusetts Attorney General earlier this year, members of the Sackler family personally directed Purdue sales representatives to advise doctors to prescribe the highest dosage of OxyContin to maximize company profits. The Massachusetts suit names eight members of the Sackler family, including, most notably, Richard, the company’s former chairman and president.
This week’s New York lawsuit alleges new levels of Sackler mendacity. It says that in recent years, members of the family began to shift hundreds of millions of dollars from the company to themselves through off-shore accounts, in an apparent effort to shield their assets from the growing threats of litigation. According to the New York Attorney General, Sackler family members abolished quarterly reports, and insisted that financial numbers only be presented orally to board members.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tulsa museum to feature musician Bob Dylan's paintings
Weiterlesen »
LACMA clears key hurdle, but rising costs force new museum to shrink in sizeLACMA is a big step closer to unlocking key funding for its new museum, but escalating construction costs and a desire to stay on budget are behind the new plan to shrink Peter Zumthor's design by about 10%. The target opening date pushes back to 2024.
Weiterlesen »
LACMA, the Incredible Shrinking Museum: A critic’s lamentThe Los Angeles County Museum of Art plans to spend $650 million on a new building with less exhibition space. The plan is absurd.
Weiterlesen »
The moral maze of museum managementThe case for giving back stolen art is strong. For refusing tainted donations, less so
Weiterlesen »
Would bringing back extinct animals turn out as badly as it did in ‘Jurassic Park’?From the Magazine: Would bringing back extinct animals turn out as badly as it did in 'Jurassic Park'? An astrobiologist and a museum curator debate an environmentalist and a geneticist.
Weiterlesen »
Binyamin Netanyahu, Bitcoin’s flaws and returning stolen artA selection of three defining articles read aloud from the latest issue of The Economist
Weiterlesen »
Hagia Sophia will be called a mosque – ErdoganTurkey's President Recep Tayyip Erdogan says tourists who will come to visit mosques in Istanbul will visit 'Hagia Sophia not as a museum, but as a mosque.'
Weiterlesen »
In a new redesign LACMA experiences shrinkage — and shapeshifts yet againAs construction nears, the Peter Zumthor-designed building doesn't quite know what it wants to be — nor have some of its functions been articulated.
Weiterlesen »
Airbnb launches competition to spend a night at the LouvreAirbnb is offering two people the once-in-a-lifetime opportunity to spend a night in the company of some of the world's best known artworks at the Louvre Museum in Paris.
Weiterlesen »
Review | ‘The Tale of Genji’ is Japan’s most revered book, and likely the first novel ever. This exhibition takes us into its enigmatic world.Review: 'The Tale of Genji' is Japan’s most revered book, and likely the first novel ever. This exhibition takes us into its enigmatic world.
Weiterlesen »