A small Boston mutual fund is giving back more than $90 million to the Sackler family, owners of OxyContin maker Purdue Pharma
LP, the fund’s manager said. The Sacklers’ potential financial liability from a raft of lawsuits stemming from the opioid crisis made their long-term commitment to the fund uncertain, he said.
Balter Capital Management founder Brad Balter said Thursday he made a recent decision to give the family back its money, which made up a majority of the $150 million fund. People familiar with the matter said...
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