The Sackler Family is reputedly worth $14 billion, but who knows if it is more or less. This money derived from the manufacture and marketing of OxyContin, a highly addictive opioid, by Purdue Pharma.

With lawsuits filed in 2,000 jurisdictions, the Sacklers offered $10-12 billion to selle all the lawsuits. Fighting all of them could bankrupt the company and the family.

The Financial Times is reporting that Purdue Pharma, the opioid maker, and members of the billionaire Sackler family that own the company have offered to settle thousands of lawsuits against the company for $10 to $12 billion, according to people briefed on the offer.
According to FT, more than 2,000 states, cities, and counties across America are pursuing the OxyContin maker over the large bills for cleaning up the opioid crisis — and are deciding whether to accept the offer by Friday, the people said.

Rhode Island is presently in litigation with both the company and its subsidiary Rhode Technology in Coventry, RI.

The Sackler family is one of the richest families in America.