The new $7.4 billion settlement amount is about $1.4 billion more than the previous, and since rejected, deal originally brokered in 2021 in a New York bankruptcy court. The Sackler family will now ...
Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits ... % spike in deaths in the 12 months to April 2021 to nearly 100,000. The latest deal still ...
Purdue Pharma and the Sackler family who own the company have proposed a new $7.4 billion settlement to resolve ... filed for bankruptcy themselves. That offer also came under widespread criticism ...
the billionaire family behind the now-bankrupt Purdue Pharma, the Sacklers, has come back from last year’s Supreme Court ruling with a new settlement offer that ups the ante. Last summer ...
Members of the family who own OxyContin maker Purdue Pharma ... Sean Merrill died in 2021, Corey Merrill in 2011. She may receive some compensation through the settlement, stemming from the ...
Texas and 14 other states have secured a $7.4 billion settlement from the Sackler family and their company, Purdue Pharma ... initial settlement in 2007. In 2021, the bankruptcy court approved ...
Purdue Pharma ... billion settlement to resolve thousands of lawsuits alleging that the pain medication Oxycontin caused a widespread opioid addiction crisis in the US. Protesters in 2021, above.
A group of 15 states have reached a tentative new deal that would require them to set aside hundreds of millions of dollars from the settlement ... cases against Purdue Pharma, the company ...
Purdue Pharma and members of the Sackler family that own the company have agreed to a $7.4 billion settlement in principle ... than their initial $6 billion offer. However, the states ...
A 2021 multistate settlement would have required Purdue Pharma and the Sacklers to pay $5.5 billion, but the U.S. Supreme Court last year invalidated that settlement, according to a news release ...
(WKRN) — A bipartisan coalition of states, including Tennessee, will receive $7.4 billion from Purdue Pharma ... s office said this settlement does not offer the Sackler family automatic ...
If approved, Purdue Pharma will contribute $900 million upfront while the Sackler family pays $6.5 billion over the next 15 years – a $500 million increase from the previous settlement.