Purdue Pharma and Sackler family granted immunity from opioid lawsuits.

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Source: Fox Business
Purdue Pharma and Sackler family granted immunity from opioid lawsuits.
Photo: Fox Business
TL;DR Summary

The Sackler family, owners of Purdue Pharma, have been granted immunity from lawsuits seeking damages from the firm and its owners over the opioid crisis in exchange for paying $6 billion toward the company's broader bankruptcy settlement. Thousands of lawsuits from states, local governments, and individuals have been filed against Purdue and its owners for OxyContin's contribution to the nation's opioid crisis. The Sackler contribution accounts for most of the cash payment in a broader bankruptcy settlement that Purdue values at more than $10 billion.

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