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

The settlement bars the Sackler family from selling opioids in the U.S. and ends its control of Purdue. This comes seven months after the Supreme Court overturned a prior deal with Purdue that ...

There’s been mediation seeking a new deal since the court’s ruling was delivered. If one is not reached, it could open the floodgates to lawsuits against Sackler family members. A court order blocking ...

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

Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits ...

Purdue Pharma, the makers and marketers of the highly addictive opioid OxyContin, and the family that owned the company, the Sackler family, have agreed to pay $7.4 billion to individuals, states ...

Supreme Court hears case that could shield Purdue Pharma owners from opioid lawsuits The Supreme Court heard arguments in one of the most important corporate bankruptcy cases in decades.

The Supreme Court ruled that the Sacklers ... Purdue Pharma and its Sackler family owners reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication ...

Jan. 23 (UPI) --The Sackler family and Purdue Pharma have agreed to pay a $7.4 billion settlement to end federal court claims filed by attorneys general on behalf of 15 states. New York Attorney ...

The Sackler family and its company ... “Purdue Pharma’s bankruptcy case was heard before the Supreme Court of the United States in December 2023. In June 2024, the Court voted 5-4 against ...

The Supreme Court blocked the earlier agreement last ... it could open the floodgates to lawsuits against Sackler family members. A U.S. Bankruptcy judge is expected to decide Friday whether ...

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 ...