Purdue Pharma and its billionaire owners have reached a tentative agreement to settle over 2,000 lawsuits from cities and states for billions of dollars, according to the Washington Post. The company and family have been negotiating a settlement for months, although not all states suing Purdue agree with the agreement. Who Is Suing Purdue? The
Just five days after agreeing to pay 225 million dollars to settle the federal government’s criminal and civil case, opioid manufacturer Insys Therapeutics filed for Chapter 11 bankruptcy, putting the actual dollar amount the government receives from the company in jeopardy. Why Did Insys Settle the Case? The federal government accused Insys of bribing
On June 18, a New York judge refused to dismiss any of the claims by eight counties against drug makers. The opioid lawsuit included judgments against Purdue Pharma, Johnson & Johnson and several other prescription-opioid manufacturers. The judge explained that the plaintiffs (the counties) had adequately explained several violations of the law, including consumer protection
Lawmakers in West Virginia have voted to use $24 million from opioid lawsuit court settlements to increase inpatient treatment beds available to addicts throughout the state. The bill passed by the House and Senate and awaits Gov. Jim Justice’s signature. When passed, it will authorize the Department of Health and Human Resources to ensure that treatment
