Purdue Pharma, Sacklers Reach $7.4B National Opioid Settlement January 24, 2025 By Dietrich Knauth Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging...
Consulting Firm McKinsey to Pay $650M to Resolve US Opioid Probe December 13, 2024 By Nate Raymond and Mike Spector McKinsey & Co has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting...
Purdue Pharma Nears New Bankruptcy Deal With Sacklers, Mediator Says November 1, 2024 By Dietrich Knauth Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
Purdue Pharma Backs Creditor Move to Sue Sacklers Over Assets July 9, 2024 By Steven Church and Shannon D. Harrington The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members...
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say April 25, 2024 By Mike Spector, Nate Raymond and Chris Prentice McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key...
SCOTUS to Hear Purdue Pharma Settlement Plan That’s Dividing Opioid Victims November 27, 2023 By Geoff Mulvihill and Mark Sherman The agreement by the maker of OxyContin to settle thousands of lawsuits over the harm done by opioids could help...
Supreme Court Halts Purdue Pharma Bankruptcy Settlement Pending Review August 11, 2023 By John Kruzel and Andrew Chung The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden’s administration to the legality of...
Purdue Asks Supreme Court Not to Block Opioid Settlement During Appeal August 7, 2023 By Dietrich Knauth Oxycontin maker Purdue Pharma on Friday asked the U.S. Supreme Court to reject the U.S. Department of Justice’s request to...
DOJ Asks Supreme Court to Delay Purdue Pharma Bankruptcy Settlement July 31, 2023 By Dietrich Knauth The U.S. Department of Justice on Friday asked the U.S. Supreme Court to stop Purdue Pharma from proceeding with a...