Purdue OxyContin case News

Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits

Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company’s Sackler family owners to contribute nearly …

Purdue Pharma to Plead Guilty Over Opioid Practices; Critics Balk at Terms

Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in a deal with U.S. prosecutors that effectively sidestepped paying billions of dollars in penalties and stopped short of criminally charging …

States Oppose U.S. Settlement with Purdue Over OxyContin

A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP and members of the wealthy Sackler family who own it, arguing the deal would improperly entangle state and local officials …

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 Kickback Probe Cites OxyContin Maker Purdue Pharma: Reuters

OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people familiar with the matter. Purdue Pharma, which faces U.S. Justice …

Judge Denies Purdue Pharma’s Request to Dismiss Tennessee Opioid Suit

A lawsuit claiming Purdue Pharma engaged in deceptive marketing to increase opioid prescriptions, resulting in an epidemic, has the go-ahead from a Knox County judge. The lawsuit brought by the state of Tennessee claims Purdue‘s marketing violates the Tennessee Consumer …

With Opioid Litigation Mounting, Purdue Pharma Exploring Bankruptcy: Reuters

OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on …

Purdue Includes Free Opioid Treatment Drugs in Settlement Offer

The company that created OxyContin is offering free doses of an opioid-abuse treatment as part of its offer to resolve more than 1,000 lawsuits accusing the drugmaker of helping fuel the opioid crisis, according to people familiar with the negotiations. …

OxyContin Makers to Settle Lawsuit with Kentucky for $24 Million

The maker of OxyContin will pay Kentucky $24 million over the next eight years as part of the settlement of a long-running lawsuit that accused the company of misleading the public about the addictiveness of the powerful prescription drug. The …

Kentucky Lawsuit Against Oxycontin Makers Stalled by Deadline Dispute

What does it cost to miss a deadline? For the company that makes the prescription painkiller Oxycontin, the answer could be more than $1 billion. Kentucky is suing Purdue Pharma on claims that the company misrepresented its prescription painkiller, resulting …