Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits over their involvement in the opioid epidemic, raising the payout from the Sacklers to $6 billion.

FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. How much members of the Sackler family should be held accountable for the role their company, Purdue ...

The US Government has asked the Supreme Court to block Purdue Pharma from completing a bankruptcy settlement that would shield its Sackler family owners from lawsuits. The move came after an ...

Stamford-based Purdue Pharma asked a bankruptcy judge late Tuesday ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The filing is a milestone ...

The Justice Department argued that shielding the… OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family ...

The Sackler family, owners of Purdue Pharma, ultimately paid over $3 billion ... ByteDance, to find a new owner for the app or face a potential ban in the United States. With the prospect of ...

Still, a New York bankruptcy court recently paved the way for another constructive solution for the individual owner of a bankrupt ... ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 ...

The decision comes after Purdue Pharma, founded by the Sackler family, announced it would plead guilty to federal criminal charges for its role in the opioid epidemic. The school will not return ...

Bankrupt drugmaker Purdue Pharma has filed a new bankruptcy plan ... members of the wealthy Sackler family. The formal bankruptcy plan filed in White Plains, New York, fleshes out the settlement ...