The Record (Troy, NY)

Painkiller OxyContin's maker is considerin­g bankruptcy

-

LOST he ANGELES company Colleges that has» made and com- billion spa ni es selling moved the swift ly prescripti­on to distance painkiller themselves OxyC on tin from said employees Wednesday swept th a tupi nita is nationwide considerin­g college legal options adincludin­g missions scheme, bankruptcy, many a move of them that could coaches up end accused hundreds of taking of lawsuits bribes claiming and others it had prominent a major parents role in ca us-acingc used the of U. angling S. opioid to drug get crisis. their children“As the into company top schools has stated, by it is portraying exploring them and preparing as recruited for any a thnumber let es. of eventualit­ies and options, given That the celebritie­s amount of were litigation among the the company accused parents currently—faces ,” actresses Purdue Lori P harm a Lo ugh lin spokesman and Felicity Robert Huffman Josephson headlines aid .“the A decision list—created has not been much made buzz, to but file other for bankruptcy, parents charged nori sintherecl­udeda timetable .” people prominent in law, finance, Such fashion, a move has manufactur­ing been seen as a and strong other fields possibilit­y—people as the who privately could afheld ford companythe­steephired­price.an executive and At consultant­s least nine athletic that specialize coaches in helping and 33 parents companies were re structure. among those charged. The company Some parents is owned spent by mem-hunbe rs dr eds of of the thousands Sac kl er family, of dollars, who as have given much money as $6.5 to million, museums to guarantee around the world, their children’ s including admission, the Smithsonia­n officials Institutio­n said. in Washington.

Newspapers in English

Newspapers from United States