The new plan allows plaintiffs who sued Purdue to opt in to receive their settlement or reserve their right to file a civil suit against the billionaire Sackler family.

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 is expected to raise and contribute $900m while dissolving and transforming into a new public benefit company. The non-profit company that emerges will develop and distribute opioid use ...

Purdue Pharma and its controlling Sackler family have offered a new settlement ... The latest deal still has to be approved by Judge Robert Drain overseeing Purdue's bankruptcy proceedings ...

The agreement will dissolve the OxyContin (oxycodone) manufacturer – which Judge Robert Drain said ... victims are in prison". "Purdue Pharma is the reason the Sackler family are billionaires ...

WASHINGTON — 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 ...

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 in a tumultuous ...

Purdue Pharma has filed a new bankruptcy plan that ... The latest scheme will see the company's owners, the Sackler family, contribute around $6.5bn in instalments over the next 15 years, with ...