Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...

Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits ... % spike in deaths in the 12 months to April 2021 to nearly 100,000. The latest deal still ...

Purdue Pharma submitted ... proposed a settlement with the plaintiffs that would have seen the Sacklers pay $3 billion and give up ownership. An updated settlement in 2021 raised the amount ...

Purdue Pharma on Wednesday filed a new bankruptcy ... than $850 million assuming they all say yes to the offer. The remainder of the settlement funds will go to state, municipal and tribal ...

Purdue Pharma asked a bankruptcy judge late Tuesday ... Under the deal the family members — estimated in documents from 2020 and 2021 to be worth about $11 billion — would give up ownership ...