The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement ...
Purdue Pharma’s Sackler family owners are offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits while accepting some exposure to future litigation ...
Purdue was instrumental in creating the US opioid crisis via aggressive marketing that did not reflect the true addiction ...
The Office of the Attorney General came to a $7.4 billion settlement with the Sackler family and their company, Purdue Pharma, over their actions leading up to the opioid crisis, which has killed ...
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Purdue filed for bankruptcy in 2019 in the face of thousands of lawsuits accusing it and members of the Sackler family of fueling the epidemic through deceptive marketing of its highly addictive ...
Sackler family, who owned pharmaceutical company Purdue Pharma, will no longer be in control of the company or permitted to sell opioids if the new settlement plan is approved ...
Since the Supreme Court previously ruled against the Sackler family shielding themselves from the settlement via bankruptcy protection laws, Thompson said the ramifications of the new settlement ...
If approved, the new plan would end the costliest corporate bankruptcy resulting from the U.S. opioid crisis. Purdue, under the leadership of the Sackler families, invented, manufactured and ...
(AP Photo/Toby Talbot, File)(TOBY TALBOT / AP) Purdue Pharma and its Sackler family owners have ... previous attempt to resolve the lawsuits in a bankruptcy settlement that would have granted ...
The deal comes after the Supreme Court in June blocked a controversial bankruptcy plan for Purdue that shielded Sackler family members — who themselves did not file for bankruptcy — from ...
Richard Tollner knows firsthand what the people who have sex abuse claims against the Buffalo Catholic Diocese are going through as the diocese’s Chapter 11 bankruptcy case plods unresolved ...