Supreme Court Blocks Purdue Pharma Bankruptcy Settlement June 27, 2024 By John Kruzel The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler...
Purdue Pharma’s Bankruptcy, Sackler Family Protection Plan Move Ahead July 27, 2023 By Geoff Mulvihill OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company...
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...
McKinsey Chief Says Firm Failed to Identify Opioid Epidemic May 2, 2022 By Matthew Boyle The head of McKinsey & Co. acknowledged that it failed to see the opioid epidemic unfolding while simultaneously doing work...
Purdue Pharma Squares Off With DOJ Over $6 Billion OxyContin Deal April 29, 2022 By Jeremy Hill A $6 billion deal hangs in the balance as OxyContin maker Purdue Pharma LP and its wealthy owners square off...
Purdue’s Sacklers Consider Adding $1 Billion More to Opioid Settlement February 11, 2022 By Jef Feeley, Jeremy Hill and Malathi Nayak Members of the billionaire Sackler family that own Purdue Pharma LP are weighing whether to add $1 billion to the...
Sacklers Close to Agreement Increasing Opioid Settlement in Purdue Bankruptcy February 3, 2022 By Tom Hals and Mike Spector Members of the Sackler family who own Purdue Pharma LP are nearing an agreement to boost their more than $4...
Publicis Loses Bid to Escape Massachusetts Opioid Marketing Lawsuit November 1, 2021 By Nate Raymond A unit of French advertising company Publicis Groupe SA on Friday lost a bid to dismiss a lawsuit by Massachusetts’...
Judge Approves Purdue Pharma’s $7M Executive Bonus Plan September 14, 2021 By Maria Chutchian A U.S. judge on Monday approved up to $7.1 million in bonuses for five executives of Purdue Pharma, the bankrupt...
Bankruptcy Judge Urges Holdout States to Settle Issues With Purdue Pharma, Sacklers August 30, 2021 By Geoff Mulvihill A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work...