When Oscar Wilde said that “The only thing worse than being talked about is not being talked about,” the Sacklers would surely disagree. The Reputations Of Families And Their Businesses Are Inextricably LinkedThe two lawsuits against Purdue Pharma are clearly not just an effort to secure compensation. Investigations are aimed at exposing the extent to which the Sacklers themselves have been calling the shots. Recently, we have also seen many companies and families being accused of philanthrocapitalism or reputation laundering. Regardless of Zuckerberg’s actual intent, the point here is that companies need to act with transparency and integrity or risk serious reputational damage.

Source: Forbes April 04, 2019 11:26 UTC