Purdue Pharma, Sacklers reach new settlement agreement in opioid cases
Purdue Pharma and members of the Sackler family, which owns the company, have agreed in principle to pay a $7.4 billion settlement to resolve thousands of lawsuits over the company's role in the opioid crisis, the state attorney general said. It was announced on Thursday. The proposed settlement is an additional $1.4 billion in principle […]
Purdue Pharma, Sacklers Reach $7.4 Billion National Opioid Settlement
The Connecticut attorney general announced Thursday that Purdue Pharma and the Sackler family have reached a $7.4 billion settlement with victims of the opioid crisis and a bipartisan coalition of 15 states. Purdue, which is owned by the Sacklers, previously reached a $6 billion settlement with the victims, but the Supreme Court called the terms […]
Purdue Pharma, Sackler family owners agree to landmark $7.4B opioid settlement
Texas Attorney General Ken Paxton announced Thursday that Purdue Pharma and members of the Sackler family are seeking a new deal to resolve thousands of lawsuits alleging that the painkiller OxyContin has sparked a widespread opioid addiction crisis in the United States. announced that they had reached a settlement of $7.4 billion. The settlement ended […]
DOJ hits Walgreens with lawsuit for filling 'unlawful' opioid prescriptions
The Department of Justice (DOJ) this week sued drugstore chain Walgreens for filling “illegal” opioid prescriptions without a “legitimate” medical purpose for more than a decade. The lawsuit is submitted On Thursday, in the U.S. District Court for the Northern District of Illinois, a Walgreens pharmacist dispensed millions of prescriptions despite “red flags” that indicated […]
Kroger agrees to pay $110M to Kentucky in opioid settlement
Kroger Co. has agreed to pay $110 million to Kentucky to settle a lawsuit filed last year alleging it injected millions of doses of opioids into the state over more than a decade. Kentucky Attorney General Russell Coleman (R) announced Thursday that the settlement pays Kroger for its “role in the devastating drug crisis.” “Kroger […]
‘Source Of Profound Regret’: McKinsey Pays Half Billion Settlement To Avoid Prosecution For Fueling Opioid Crisis
A consulting giant that fueled America's deadly opioid epidemic has agreed to pay a huge settlement to avoid criminal prosecution, according to court documents filed Friday. McKinsey & Company is an international management consulting firm. advised Purdue Pharma enters into a deferred prosecution agreement with the Department of Justice (DOJ) that requires it to pay […]
McKinsey to pay $650M to settle DOJ criminal opioid probe
McKinsey & Company agrees to pay $650 million to resolve a Justice Department investigation into the consulting firm's work advising opioid maker OxyContin maker Purdue Pharma on how to increase sales did. McKinsey has filed a five-year lawsuit in federal court in Abingdon, Virginia, to resolve criminal charges brought as part of a rare corporate […]
McKinsey nears $600m settlement with US government over role in opioid crisis | Opioids crisis
McKinsey & Co. is in the final stages of negotiating a deferred prosecution agreement to resolve a U.S. criminal investigation into the consulting firm's work that helped boost sales for opioid manufacturers that are said to have contributed to a deadly addiction epidemic. Officials have revealed that there are. McKinsey & Co. is in talks […]
Families of Fentanyl Victims Petition U.S. Trade Officials to Impose Tariffs on China for Contributing to Opioid Crisis
A coalition of families of people who died from fentanyl calls on the Office of the U.S. Trade Representative (USTR) to investigate China's role in the U.S. opioid crisis and enact tariffs against China to combat it. I am doing it. The group filed a petition Thursday with the Office of U.S. Trade Representative Katherine […]
Walmart reaches opioid shareholder settlement
Walmart on Friday agreed to a settlement regarding the distribution of prescription opioids, according to a Security and Exchange Commission filing. this settlement The lawsuit includes three separate shareholder lawsuits alleging that Walmart does not adequately supervise the distribution and distribution of prescription opioids under the Controlled Substances Act. The agreement still requires court approval. […]