Purdue Pharma Outlines Opioid Suit Settlement Plan That Includes Up To $7 Billion From Sackler Family
Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family—to help ...
Forbes15d
Purdue Pharma Files New Bankruptcy Plan—Includes Up To $7 Billion From Sacklers
Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family ...
The Associated Press on MSN15d
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of opi ...
CBS News25d
Claimant says opioid victims won't get justice in proposed Purdue settlement
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 ...
CBS News25d
Why a potential $7.4 billion Purdue Pharma opioid settlement frustrates some victims
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 ...
WKYC315d
Sackler family to pay up to $7 billion cash under Purdue Pharma's new opioid settlement plan
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 ...