Purdue Pharma has won support from the attorneys general of 55 U.S. states and territories for its $7.4 billion settlement to ...

NY Attorney General Letitia James secures $720 million from 8 drug companies for their role in the opioid crisis.

Drug manufacturer Purdue Pharma has agreed to pay an $8 billion settlement that will result in the company being dissolved — a deal that New York Attorney General Letitia James slammed as an ...

ALBANY, N.Y. (CBSNewYork/AP) --New York State Attorney General Letitia James announced the terms of a $4.5 billion settlement Thursday, resolving a years-long legal fight against Purdue Pharma in ...

The New York Attorney General's Office lawsuit against Purdue, which was filed in state Supreme Court of Suffolk County, is the latest example of government taking legal action against Big Pharma.

The total deal is worth $7.4 billion, with Purdue contributing nearly $900 million to pay governments and victims. If approved, a significant portion of the money will be paid within three years ...

Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic victims and fund addiction treatment programs. The Stamford, Connecticut ...

The latest lawsuit, brought by New York against Purdue Pharma, comes as the company considers filing for bankruptcy. William Brangham talks to Barry Meier, author of a book about Purdue Pharma.

Purdue Pharma, which introduced OxyContin in the late 1990s and aggressively marketed it, would cease to exist. It assets would be transferred to a new company called Knoa Pharma.

NEW YORK, July 9 (Reuters) - Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the wealthy Sackler family, in its first court ...

Ruling Allows Purdue Pharma to Settle Opioid Claims, Protect Sacklers From Lawsuits The court’s ruling reversed a 2021 ruling that found bankruptcy court judges did not have the authority to ...

A new appeals court ruling overturns objections to Purdue Pharma’s reorganization plan, shielding Sackler family members from individual opioid lawsuits. A federal appeals court eliminated Tu… ...