The family that controls the maker of OxyContin has been removed from a large hedge fund for its alleged role in fueling the opioid crisis
The billionaire family that controls OxyContin maker Purdue Pharma LP, already facing mounting legal and financial pressure, has been tossed out of a large hedge fund for its alleged role in fueling the opioid crisis.
Investment entities of the Sackler family were told late last year by Hildene Capital Management that it was no longer comfortable managing their money. Hildene said last week that someone known by members of the firm had suffered an opioid tragedy.
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