Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family ...

Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.

Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits over their involvement in the opioid epidemic, raising the payout from the Sacklers to $6 billion.

Purdue, and its wealthy owners, members of the Sackler family, wanted a bankruptcy settlement to resolve thousands of lawsuits. That massive settlement is now on the table, but after five years ...

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.

"Purdue Pharma is the reason the Sackler family are billionaires, and after today's settlement they will remain billionaires," said the group's research director Rick Claypool.

Purdue Pharma asked a bankruptcy judge this week to consider the latest version of its plan to settle thousands of lawsuits over the toll of the powerful prescription painkiller OxyContin, a deal that ...

The Justice Department argued that shielding the… OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family ...

WASHINGTON — Purdue Pharma asked a bankruptcy judge ... 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 ...