Bankrupt opioid manufacturer Purdue and the Sackler family have agreed to a $7.4 billion settlement to resolve opioid claims by state and municipal governments and individuals.

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The new plan allows plaintiffs who sued Purdue to opt in to receive their settlement or reserve their right to file a civil ...

U.S. Bankruptcy Judge Christopher Lopez, on Monday, said there were 'significant voting and solicitation irregularities' in ...

Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic ...

Third-party releases may no longer provide a shield to owners and directors of a reorganized company. Still, a New York bankruptcy court ...

Purdue Pharma has filed a new reorganization plan that aims to deliver more than $7.4 billion of cash to creditors, subject to certain reserves, to compensate victims and abate the opioid crisis.

Bankrupt drugmaker Purdue Pharma filed a new bankruptcy plan on Tuesday, a major step towards finalizing a proposed opioid ...

Purdue Pharma has filed a new bankruptcy plan as part of a $7.4 billion settlement to resolve thousands of lawsuits over the ...

Local governments began suing pharmaceutical companies such as Purdue Pharma in 2017. Brad Schimel was the state attorney ...

WASHINGTON — Purdue Pharma asked a bankruptcy judge late Tuesday to consider the latest version of its plan to settle thousands of lawsuits over the toll of the powerful prescription painkiller ...