Copyright 2025 The Associated Press. All Rights Reserved. Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7. ...
Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin caused a widespread opioid addiction ...
The deal comes after the Supreme Court blocked a controversial bankruptcy plan for Purdue that shielded Sackler family members from future lawsuits.
Purdue filed for bankruptcy protection from creditors in 2019. The next year, Sackler family members agreed to pay the US ...
In the latest twist in its efforts to wrap up years of high-profile opioid litigation, the billionaire family behind the now-bankrupt Purdue Pharma, the Sacklers, has come back from last year’s ...
The Sacklers and Purdue Pharma boosted their settlement contribution to $7.4 billion after the U.S. Supreme Court overturned a prior settlement in June 2024. If approved, the new plan would end ...
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription ...
FILE - The Purdue Pharma offices are seen, May 8, 2007, in Stamford, Conn. (AP Photo/Douglas Healey, File) FILE - The Purdue Pharma offices are seen, May 8, 2007, in Stamford, Conn. (AP Photo ...