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Expanded Connecticut Lawsuit Claims Purdue Pharma Fraudulently Transferred Money to Avoid Liability in Opioid Cases

May 29, 2019

Hartford (CT) Courant. “Attorney General William Tong has expanded the state’s lawsuit against Stamford opioid manufacturer Purdue Pharma, laying out new details of the company’s aggressive efforts to boost sales in Connecticut while at the same time downplaying concerns about addiction. The amended complaint also takes aim at news Purdue is considering bankruptcy as an option to limit its liability by seeking to claw back money transferred from the company to its founders, the Sackler family. Tong is seeking a court order to prevent any further transfer of funds.”

ABC News  reports OxyContin manufacturer Purdue Pharma “is attempting to ‘cry poverty’ to avoid accountability for the company’s role in the nation’s opioid epidemic, Connecticut Attorney General William Tong said Monday.” Tong made the assertion in “an amended lawsuit that alleged hundreds of millions of dollars were fraudulently transferred from Purdue Pharma to the Sacklers, the family that controls the company, to evade liability.”

From the news release of the American Association for Justice.

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