opioid settlements News

States Seek $26.4 Billion From Drug Firms in Opioid Litigation – WSJ

U.S. states are seeking a combined $26.4 billion from three major drug distributors and Johnson & Johnson to settle opioid litigation against the companies, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. About a dozen …

States Say OxyContin Maker Purdue Pharma Owes $2.2 Trillion for Opioid Epidemic

U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in America’s opioid epidemic, accusing the drugmaker in new filings of pushing prescription painkillers on doctors and patients while playing down …

Judge Nixes 7% Plaintiffs Attorneys’ Fee on Opioid Settlements

A federal judge overseeing thousands of opioid lawsuits declined on Monday to grant a demand by plaintiffs attorneys for fees that could be worth billions of dollars, a request drug company defendants had said would jeopardize settlement talks. In February, …

Opioid Firms Warn Lawyers’ Bid for 7% Fee Jeopardizes Settlement

Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be “severely” jeopardized if plaintiffs’ lawyers are allowed to assess a fee payment worth billions of …

Where Purdue Pharma-Sackler Legal Maters Stand Now

OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated $10 billion to resolve more than 2,600 lawsuits alleging they helped fuel the U.S. opioid …

Opioid Victims Can Now File Injury Claims in Purdue Pharma Bankruptcy Case

State and local governments have been leading the legal fight against the opioid industry, seeking payouts to help them deal with the fallout from the nation’s addiction crisis. Average Americans are about to get their shot. Last Friday, the federal …

OxyContin Marketed in China as Being Less Addictive — A Familiar Misleading Claim

Thousands of lawsuits across the United States have accused a drug company owned by the billionaire Sackler family of using false claims to push highly addictive opioids on an unsuspecting nation, fueling the deadliest drug epidemic in U.S. history. Yet, …

Several States Have Doubts About $48 Billion Opioid Settlement Offer

Several U.S. states that have been ravaged by the opioid epidemic are pushing back on a proposed $48 billion settlement framework that would resolve thousands of lawsuits against five drug companies accused of fueling the addiction crisis. The proposal would …

After Avoiding Ohio Trial, Drug Firms Turn to Local Government Opioid Lawsuits

Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial …

Settling Opioid Suits Probably Won’t End the Crisis: Viewpoint

Imagine you’re the chief executive officer of a large pharmaceutical corporation with an important drug that’s under attack. More than 2,500 lawsuits have been filed against your company. The plaintiffs aren’t individuals, though, they’re governments — counties, cities and states. …