Logo

Members of the Sackler family, owners of Oxycontin-maker Purdue Pharma, bought a sprawling $7.4 million home in Palm Beach County, Florida, just months before the family business filed for bankruptcy, a report said.

The purchase, first reported by the Palm Beach Post, followed a July deal in which a separate company connected to the Sacklers paid $6.8 million for the downtown West Palm Beach building that houses the family’s money management firm, Summer Road LLC, headed by David Sackler.

Both properties are in Palm Beach County, an epicenter of the pill mill industry that helped spawn the national opioid crisis.

Palm Beach County is one of the local governments that has sued the Sacklers and Purdue for the aggressive marketing of the highly addictive painkiller OxyContin. Purdue is accused of misleading doctors and patients with claims OxyContin was less addictive and safer than other opioids, when it was not.

The family’s Chapter 11 filing was seen as way to shield the family and its $13 billion fortune from roughly 2,600 opioid-related federal and state lawsuits filed against the company.

An offer to settle thousands of suits earlier this month was blasted by attorneys representing about half the states and local governments involved in the suits because it did not contain any admission of wrongdoing from members of the Sackler family.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy