OxyContin maker Purdue Pharma agrees to settle with Oklahoma: source

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

NEW: Purdue Pharma has settled with Oklahoma AG for $270M, marking the first significant settlement for a company that faces more than 1,600 cases related to the opioid crisis, according to a person familiar with the matter.

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Purdue Pharma has settled with the Oklahoma attorney general for $270 million, marking the first significant settlement for a company that faces more than 1,600 cases blaming it for fueling the opioid crisis, according to a person familiar with the matter.

The company was increasingly concerned about a televised trial in Oklahoma, where charges that it deceptively marketed OxyContin would be on full display in a state hit hard by the opioid crisis. By cutting the deal, Purdue pushed its day of reckoning to the fall when the first trial from the 1,600 cases that have been consolidated in a federal court in Ohio will face a jury.A Purdue representative did not respond to a request for comment about the settlement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

KenPaxtonTX Did you sue the Sackler drug lord family business for creating an opioid epidemic?

hopefully the 1600? cases 2 follow include richly deserved prison sentences + drained fortunes. sickler in deed

MSNBC Opioids are death.dumbassdrug

the Sackler family is worth $14 BILLION ... (1 billion = 1000 million) ... $275 million is pocket change to these monsters (the cost of doing business) they should be in prison for murder

This is a paltry $$$ amount. This BigPharmaDrugCartel is responsible for how many deaths? The Sackler family must be charged with murder. They are worse than El Chapo! Their names should be taken off hospital wings, museums, etc.More crooks pretending to be philanthropists.

The Sacklers should have their assets stripped and they should be thrown in prison for mass murder. I'm not kidding.

AudreyGarden We need to start putting executives in jail for their crimes. Fining isn't a deterrent.

MSNBC This is the first of many!

A paltry settlement for all the damage they’ve willfully caused. Why aren’t they in jail? The rich skate again. purduepharma

MSNBC Tear them down! They have intended what they’ve done, for money, ruined lives and futures and hopes. They should be banished! BanishThem

MSNBC Purdue Pharma is killing Americans.

$270M is nothing after making Billions hooking Americans to OxyContin. Ohio

MSNBC Where are the criminal indictments?

MSNBC Why is this company still allowed to sell opiods?

MSNBC One down, 49 to go. Plus D.C. and Puerto Rico.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Purdue Pharma, state of Oklahoma reach settlement in landmark opioid lawsuitAs the first agreement in the current wave of litigation against drug companies, the deal could influence future legal action over the cost of the opioid epidemic. THE FINES ONLY MAKES A SMALL DENT IN P R O F I T S. Khashoggi Also they have to apologize and really mean it and then sit in time out for 10 minutes.
Source: washingtonpost - 🏆 95. / 72 Read more »