Supreme Court rejects nationwide settlement with OxyContin maker Purdue Pharma, AP Explains

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Supreme Court News

Purdue Pharma

The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who ...

The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits but also would have provided billions of dollars to combat the opioid epidemic.WASHINGTON — The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies.

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