The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement ...

Purdue Pharma’s Sackler family owners have struck a new agreement to settle mass opioid litigation against them for a total of $6.5 billion, New York Attorney General Letitia James said Thursday.

Purdue filed for bankruptcy in 2019 in the face of thousands of lawsuits accusing it and members of the Sackler family of fueling the epidemic through deceptive marketing of its highly addictive ...

Purdue Pharma’s Sackler family owners are offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits while accepting some exposure to future litigation ...

If approved, the new plan would end the costliest corporate bankruptcy resulting from the U.S. opioid crisis. Purdue, under the leadership of the Sackler families, invented, manufactured and ...

Purdue was instrumental in creating the US opioid crisis via aggressive marketing that did not reflect the true addiction ...

the new deal will not include a provision that protects the Sackler family from civil litigation – a point of contention that the Supreme Court said violated bankruptcy law. However, they will ...

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Since the Supreme Court previously ruled against the Sackler family shielding themselves from the settlement via bankruptcy protection laws, Thompson said the ramifications of the new settlement ...