Purdue Pharma and Sackler family granted immunity from opioid lawsuits.
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.
- Sackler family granted immunity from Purdue OxyContin lawsuits Fox Business
- Purdue Pharma family protected from lawsuits in exchange for addiction treatment funding PBS NewsHour
- Court ruling clears way for Purdue Pharma to settle opioid claims #shorts CBS Mornings
- Purdue Pharma's Bankruptcy Works Now Bloomberg
- Sackler family wins immunity from opioid lawsuits BBC
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
76%
360 → 85 words
Want the full story? Read the original article
Read on Fox Business