Last updated: 2025-11-15 19:49:35 ET
A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement.
The new agreement replaces one the US Supreme Court rejected last year, finding it would have improperly protected members of the family against futur...
Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to s...
A federal bankruptcy court judge said he will approve OxyContin-maker Purdue Pharma's latest deal to settle thousands of lawsuits over the toll of opioids that includes some money for thousands of victims of the epidemic.
The deal could end a years-long legal battle over the OxyContin maker's role in the US opioid crisis.
The company that makes OxyContin, members of the Sackler family who own it and many groups that sued over its role in the opioid crisis are asking a j...
