Under the new proposal, members of the Sackler family who own Purdue would contribute up to $7.4 billion over 15 years and give up ownership of Purdue.
The latest settlement is meant to address a drug addiction crisis that has led to over 700,000 opioid overdose deaths in the US over the past two decades.
Freshman Avery Howell scored a season-high 18 points, JuJu Watkins added 16 points and seven rebounds and No. 4 Southern ...
The Sackler family and Purdue Pharma have agreed to pay a $7.4 billion settlement to end federal court claims filed by attorneys general on behalf of 15 states.
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion to New York and several other states in a ...
Everything in my life is shaped by a company that put profits over human lives,” one woman who became addicted to OxyContin said.
The deal, announced Thursday, removes non-consensual releases to the Sackler family, Purdue's founders, which the U.S. Supreme Court had invalidated last year.
Bankrupt Purdue Pharma LP and members of the billionaire Sackler family agreed to pay $7.4 billion to a group of US states, including Illinois, and other parties to settle long-running litigation over ...