Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication Oxycontin caused a widespread opioid ...

Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription ...

Members of the family who own OxyContin maker Purdue Pharma, and the company itself ... deal but had harsh words for the company and its owners. “While West Virginians' lives were being ...

(AP Photo/Frank Franklin II, File) MANHATTAN (CN) — The Second Circuit cleared the way on Tuesday for former opioid behemoth Purdue Pharma to shield its owners, the Sackler family, from future ...

Supreme Court blocks Purdue Pharma bankruptcy plan shielding owners from lawsuits The Supreme ... that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits ...

Purdue Pharma and its controlling Sackler family have offered a new settlement to resolve lawsuits over their involvement in the opioid epidemic, raising the payout from the Sacklers to $6 billion.

The US Government has asked the Supreme Court to block Purdue Pharma from completing a bankruptcy settlement that would shield its Sackler family owners from lawsuits. The move came after an ...

Purdue Pharma asked a bankruptcy judge this week ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The late March 18 filing is a milestone in ...

Purdue Pharma has filed a new bankruptcy plan ... The latest scheme will see the company's owners, the Sackler family, contribute around $6.5bn in instalments over the next 15 years, with $1.5bn ...

The $4.3 billion settlement also requires the family that owns Purdue Pharma to publicly disclose a plethora of documents on their role in the opioid crisis and subsequent litigation. (CN) — Attorneys ...

Jonathan Randles covers bankruptcy and corporate restructuring for WSJ Pro and The Wall Street Journal.

Stamford-based Purdue Pharma asked a bankruptcy judge late Tuesday ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The filing is a milestone ...