The deal comes after the Supreme Court blocked a controversial bankruptcy plan for Purdue that shielded Sackler family members from future lawsuits.

Purdue Pharma’s owners from the Sackler family ... reopening a path to end the longest and costliest corporate bankruptcy case stemming from the U.S. opioid crisis. The Sackler family members ...

Purdue was instrumental in creating the US opioid crisis via aggressive marketing that did not reflect the true addiction risks of its drugs, particularly OxyContin (oxycodone). Many other creditors ...

Purdue Pharma is reported to be preparing to file for bankruptcy amid resistance to its $10-$12 billion offer to settle lawsuits related to the opioid crisis. Several states and cities have ...

Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a ...

Peoples Gas’ System Modernization Program (SMP) is an expensive, ecologically destructive disaster disguised as a safety ...

The Supreme Court ruled that the Sacklers, who did not file for bankruptcy themselves, were not entitled to legal protections meant to give bankrupt debtors a “fresh start.” Purdue Pharma and ...

Purdue Pharma’s Sackler family owners have struck a new agreement to settle mass opioid litigation against them for a total ...

NEW YORK, Jan 23 (Reuters) - Purdue Pharma and its Sackler family owners ... company's previous attempt to resolve the lawsuits in a bankruptcy settlement that would have granted the Sacklers ...

Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.

The settlement will conclude the most expensive corporate bankruptcy tied to the opioid epidemic, which has claimed at least 106,000 lives. 'This story is about a family of cruel billionaires who ...

“This epidemic, no doubt, was fueled by Purdue Pharma’s manufacturing and deceptive ... The fate of the company itself, which remains in Chapter 11 bankruptcy since filing in 2019, will ...