Purdue Pharma’s owners from the Sackler family have struck a new ... including by the relatively tiny number of claimants who didn’t accept the family members’ $6 billion proposal. The Justice ...
The deal comes after the Supreme Court blocked a controversial bankruptcy plan for Purdue that shielded Sackler family ...
The Office of the Attorney General came to a $7.4 billion settlement with the Sackler family and their company, Purdue Pharma ...
Purdue Pharma’s Sackler family owners have struck a new agreement to settle mass opioid litigation against them for a total of $6.5 billion, New York Attorney General Letitia James said Thursday.
Under the deal, the Sackler family members will eventually pay a total of $6.5 billion while Purdue will pay $900 million.
Purdue Pharma planned to exit bankruptcy last year under terms that gave the Sacklers a full release from all civil opioid claims even though they themselves were not declaring bankruptcy.
Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.
Jan. 23 (UPI) --The Sackler family and Purdue Pharma have agreed to pay a $7.4 billion settlement to end federal court claims filed by attorneys general on behalf of 15 states. New York Attorney ...