The deal represents an increase over a previous settlement rejected by the Supreme Court because it protected members of the wealthy Sackler family from civil lawsuits even though they were not in ...
Massachusetts residents who lost relatives to opioid overdoses expressed elation Thursday after the family that built its fortune on the highly addictive painkiller OxyContin agreed to a new deal to ...
New York Attorney General Letitia James said her office has helped secure a historic settlement from OxyContin maker Purdue Pharma, as well as the family that owns the company. The $7.4 billion ...
The new settlement deal could net Pennsylvania and Delaware as much as $212 million and $27 million, respectively, in payouts.
A bipartisan coalition of states has reached a $7.4 billion settlement in principle with members of the Sackler family and their former company Purdue Pharma over their role in the opioid crisis.
Secretary of Agriculture nominee Brooke Rollins on Thursday promised to protect the nation's farmers, ranchers and rural communities if confirmed by the Senate during her confirmation hearing.
Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.
The settlement, in principle, would not shield Purdue Pharma or the Sackler family from additional liability over their role in the opioid crisis.
Health-care companies rose sharply amid strong earnings.
This settlement is among the largest in recent years as lawsuits seek to hold companies accountable for the US opioid epidemic.
The individuals behind Purdue Pharma’s involvement in the U.S. opioid crisis reached a $7-billion settlement in January 2025.