HEDGE FUNDS ARE REPORTEDLY SCRAMBLING TO CUT TIES WITH THE FAMILY THAT OWNS OPIOID-MAKER PURDUE PHARMA

Getty Images DeepCurrents Investment Group LLC and Sunriver Management LLC are unraveling financial ties with the Sackler family, The Wall Street Journal reported. The Sackler family owns Purdue Pharma, the OxyContin maker facing thousands of lawsuits for its alleged role in the opioid epidemic. Visit Business Insider's home page for more stories. A Wall Street Journal report said two hedge funds are distancing themselves from the controv...

BusinessInsider (Date:02/19/2020 20:42) Read full article >>

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