Bankrupt opioid manufacturer Purdue and the Sackler family have agreed to a $7.4 billion settlement to resolve opioid claims ...
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Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in ...
FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. How much members of the Sackler family should be held accountable for the role their company, Purdue ...
The new plan allows plaintiffs who sued Purdue to opt in to receive their settlement or reserve their right to file a civil ...
The three brothers have all died, but other members of the family have retained control of Purdue Pharma and their wealth, estimated at about $11 billion two years ago. The Sackler name had been a ...
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 ...
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GlobalData on MSNSacklers to pay up to $7bn in Purdue Pharma’s opioid settlement planPurdue Pharma has filed a new bankruptcy plan that details how the funds will be allocated and the proportion paid by its ...
His son, David Sackler, helped manage the family's wealth and also served on Purdue's board of directors. During depositions, he was asked about the responsibility Purdue had toward the patients ...
The Supreme Court last year blocked a previous settlement proposal from Purdue, arguing that the plan would afford the ...
Purdue Pharma told a U.S. bankruptcy judge on Tuesday that it will finalize a new bankruptcy plan in March, with the company's Sackler family owners potentially paying more than their previously ...
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 ...
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