McKinsey Creates New Ethics Role After $641 Million Opioid Fallout June 22, 2023 By Matthew Boyle and Irina Anghel McKinsey & Co. is beefing up its ethics department after a series of high-profile controversies, including helping Purdue Pharma LP...
A $1.7 Billion Opioid Settlement Is at Risk of Falling Apart June 16, 2023 By Jonathan Randles A major US opioid settlement is on the verge of unraveling. Mallinckrodt Plc, the drugmaker that first began producing morphine...
Frustration Grows Over Wait on OxyContin Maker’s Settlement May 1, 2023 By Geoff Mulvihill More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was...
Walmart Offers to Pay $3.1B to Settle Opioid Lawsuits November 17, 2022 By Geoff Mulvihill Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies,...
Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement November 4, 2022 By Steven Scheer Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement...
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources November 2, 2022 By Brendan Pierson CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve...
Vermont Creates Panel to Oversee Opioid Settlement Spending May 24, 2022 Vermont Gov. Phil Scott has signed legislation into law that creates an advisory committee to make recommendations on how to...
Several Indiana Cities Opting Back in to Opioid Settlement April 12, 2022 Indianapolis and several other Indiana cities are joining an estimated $507 million statewide opioid settlement after previously opting out of...
Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week August 27, 2021 By Mike Spector and Maria Chutchian A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan...
Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims August 26, 2021 By Jeremy Hill and Steven Church The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed...