The new plan allows plaintiffs who sued Purdue to opt in to receive their settlement or reserve their right to file a civil ...
Bankrupt opioid manufacturer Purdue and the Sackler family have agreed to a $7.4 billion settlement to resolve opioid claims by state and municipal governments and individuals.
Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits over their involvement in the opioid epidemic, raising the payout from the Sacklers to $6 billion.
The Associated Press on MSN15d
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from SacklersMembers of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of opi ...
Members of the Sackler family continue to own Purdue Pharma, and to this day, not a single victim has received any compensation, according to a recent status report filed by mediators. And while ...
"Purdue Pharma is the reason the Sackler family are billionaires, and after today's settlement they will remain billionaires," said the group's research director Rick Claypool.
When Purdue Pharma, the maker of OxyContin ... Purdue, and its wealthy owners, members of the Sackler family, wanted a bankruptcy settlement to resolve thousands of lawsuits.
The Justice Department argued that shielding the… OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family ...
WASHINGTON — Purdue Pharma asked a bankruptcy judge ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The filing is a milestone in a tumultuous ...
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