Hampton was appointed by the Justice Department in 2019 to represent the financial interests of victims in the Purdue Pharma bankruptcy case. For two years, he served on a committee of creditors.
Purdue Pharma, manufacturer of the highly addictive pain killer oxycontin, declared bankruptcy in 2019 and entered into a multibillion dollar settlement over their sales practices with the ...
The company’s owners, the Sackler family, will pay $3 billion of the settlement out of their personal $13 billion fortune over the next seven years and give up control of Purdue Pharma.
Purdue Pharma LP's patents covering its blockbuster painkiller OxyContin are invalid, according to Judge Sidney Stein of the US District Court for the Southern District of New York. The ...