Shapiro filed a joinder to the United States Trustee’s objection to Purdue’s authorization request. The request asks for a multi-million dollar incentives, bonuses, and severance plans.
It comes just two weeks after Perdue declared bankruptcy in the face of multi-billion dollar liabilities for its role in engineering the opioid epidemic. That epidemic claims the lives of 12 Pennsylvanians every day, Shapiro said.
“Purdue Pharma and the Sackler family’s greed seems to know no bounds,” he said. “After declaring bankruptcy… they now want to pay their company executives millions of dollars in bonuses.”
Shapiro said Purdue and the Sackler family profited billions of dollars from OxyContin. Yet they went to extraordinary means to avoid accountability for the crisis it fueled, he said.
“Today I’m standing in firm opposition to these bonuses and demanding that Purdue Pharma and the Sackler family pay up for the devastation they have caused to the people of Pennsylvania,” he said.
A copy of the filing can be found here.