(WASHINGTON) — The Justice Department said Monday it has "fundamental concerns" with Purdue Pharma’s plan to exit Chapter 11 bankruptcy protection. Purdue filed for Chapter 11 protection in 2019 as it faced thousands of lawsuits across the country over its aggressive marketing of OxyContin and... Read More.
(NEW YORK) -- A controversial bankruptcy plan involving OxyContin maker Purdue Pharma, which would shield the Sackler family from litigation tied to the opioid crisis, moved forward Thursday. A federal bankruptcy court judge in White Plains, New York, allowed Purdue to begin soliciting support for... Read More.
By AARON KATERSKY, ABC News (NEW YORK) -- A member of the Sackler family, which owns OxyContin-maker Purdue Pharma, expressed "sadness" over the nation's opioid epidemic during a congressional hearing Thursday that marked the first time in years any family member faced public... Read More.
By AARON KATERSKY, ABC News(NEW YORK) -- Purdue Pharma is expected Tuesday to plead guilty to federal conspiracy and kickback charges and acknowledge that its aggressive marketing of opioids over the last three decades helped propel an addiction crisis that... Read More.
By AARON KATERSKY, ABC News(NEW YORK) -- After an all-day hearing in bankruptcy court in White Plains, New York, a judge authorized the settlement between OxyContin-maker Purdue Pharma and the Justice Department, which requires guilty pleas to "multiple serious felonies"... Read More.
By AARON KATERSKY, ABC News(NEW YORK) -- Purdue Pharma, the makers of OxyContin, is seeking bankruptcy court approval Tuesday regarding a settlement with the Justice Department that includes a guilty plea and $8 billion in penalties.“The proposed settlement... Read More.
By CARMEN COX, ABC News(MADISON, Wis.) -- The Wisconsin and Purdue football teams won't play this weekend. Wisconsin athletics director Barry Alvarez announced Tuesday that the Badgers' home game was canceled due to the number of positive COVID-19 cases in... Read More.
By AARON KATERSKY, LUKE BARR and ALEXANDER MALLIN, ABC News(WASHINGTON) -- The Justice Department announced an $8 billion settlement with Purdue Pharma, the OxyContin maker widely accused of fueling the nation's opioid crisis that has been blamed for more than... Read More.
By AARON KATERSKY, LUKE BARR and ALEXANDER MALLIN, ABC News(WASHINGTON) -- The Justice Department is expected to announce on Wednesday a settlement of civil and criminal charges against Purdue Pharma, the OxyContin maker widely blamed for fueling the nation’s opioid... Read More.