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Purdue Pharma to be sentenced in criminal opioids case, allowing settlement money to flow
The plea deal would erase $8.1 billion in forfeitures and liabilities, while Sackler family members would pay up to $7 billion more.
- Purdue Pharma is expected to forfeit $225 million to the United States Department of Justice as part of an earlier agreement.
- The payment would help clear the way for Purdue to finalize a broader settlement tied to thousands of lawsuits over the opioid crisis.
- The settlement also requires the Sackler family to pay up to $7 billion to governments, tribes, and victims.
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38 Articles
Hastings Tribune+10 Reposted by 10 other sources
A criminal sentence for OxyContin maker Purdue Pharma clears the way for completing its settlement
A judge is expected to sentence OxyContin maker Purdue Pharma to forfeit $225 million to the U.S. government. The criminal sentence Tuesday will mark a major step toward the company finalizing a settlement of thousands of lawsuits it faces over…
·Nebraska, United States
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Purdue Pharma to be sentenced in criminal opioids case, allowing settlement money to flow - The Morning Sun
A judge is expected to sentence OxyContin maker Purdue Pharma to forfeit $225 million to the Justice Department on Tuesday, clearing the way for the company to finalize a settlement of thousands of lawsuits it faces over its role in the opioid crisis. The penalty was agreed to in a 2020 pact to resolve federal civil and criminal probes it was facing. If the judge signs off, other penalties will not be collected in return for Purdue settling the …
·Pittsburg, United States
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Coverage Details
Total News Sources38
Leaning Left18Leaning Right2Center16Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 44%
Factuality
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