News

Purdue Pharma Files New Bankruptcy Plan—Includes Up To $7 Billion From Sacklers
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.
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
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 ...
10 News28d
Sackler family to pay up to $7 billion cash under Purdue Pharma's new opioid settlement plan
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 ...
The Hill28d
Purdue Pharma asks bankruptcy judge to accept new settlement plan
Purdue Pharma has filed a new bankruptcy plan as part of a $7.4 billion settlement to resolve thousands of lawsuits over the company’s alleged role in the opioid crisis, months after the Supreme ...
Wall Street Journal27d
Purdue Pharma Has a New Plan to Settle Mass Opioid Lawsuits. Here’s What Happens Next.
Purdue Pharma on Wednesday filed a new bankruptcy reorganization plan to resolve mass lawsuits alleging that the OxyContin maker and its Sackler family owners contributed to the opioid crisis.