All But a Few States Now Back Purdue Pharma, Sackler Family Bankruptcy Deal July 12, 2021 By Mike Spector Fifteen more states reached an agreement with Purdue Pharma LP and members of its wealthy Sackler family owners that moved...
Key States Agree to Purdue Pharma’s Opioid Deal With Sacklers Paying More July 8, 2021 By Erik Larson and Jeremy Hill Purdue Pharma LP won the support of more than a dozen states that had opposed its $4.5 billion bankruptcy plan...
Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits March 16, 2021 By Maria Chutchian and Mike Spector Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin...
Purdue Pharma’s Sacklers Increase Opioid Settlement Offer to $4.3B: Reuters March 12, 2021 By Mike Spector Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation,...
Files Raise Questions About Purdue Pharma Family’s Transfer of $10B Over Decade December 21, 2020 Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma LP, have long denied that the $10 billion...
Purdue Pharma to Plead Guilty Over Opioid Practices; Critics Balk at Terms October 21, 2020 By Mike Spector Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in...
States Oppose U.S. Settlement with Purdue Over OxyContin October 15, 2020 By Mike Spector A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP...
States Say OxyContin Maker Purdue Pharma Owes $2.2 Trillion for Opioid Epidemic August 18, 2020 By Mike Spector U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in...
U.S. Eyes $13 Billion of Claims in Purdue Pharma Opioid Probes: Reuters August 5, 2020 By Mike Spector U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering...
Where Purdue Pharma-Sackler Legal Maters Stand Now January 30, 2020 By Tom Hals and Mike Spector OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a...