Tag Archives: oxycontin

Plan to use OxyContin profits to fight opioids formally approved

September 20, 2021 Comments Off on Plan to use OxyContin profits to fight opioids formally approved

A judge formally approved a plan to turn OxyContin maker Purdue Pharma into a new company with its profits going to fight the opioid epidemic.

Tagged with: drugs opioids oxycontin

‘It’s done, just like our children’s lives’: Opioids settlement leaves families angry, conflicted

September 2, 2021 Comments Off on ‘It’s done, just like our children’s lives’: Opioids settlement leaves families angry, conflicted

Lynn Wencus of Wrentham, Mass., holds a sign with a picture of her son Jeff and wears a sign of others' loved ones lost to OxyContin and other opioids during a protest at Purdue Pharma LLP headquarters Aug. 17, 2018, in Stamford, Conn. A landmark settlement in the nation’s opioid epidemic is forcing the owners of OxyContin maker Purdue Pharma to give up the company and pay out $4.5 billion. “Am I happy they don’t have to admit guilt and give up all their money? Of course not,” said Wencus. “But what would that do? It doesn’t bring my son back and it doesn’t help those who are suffering." (AP Photo/Jessica Hill, File)

The prospect of families who lost loved ones in the opioid crisis facing OxyContin maker Purdue Pharma and its owners in a courtroom all but vanished Wednesday.

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Purdue Pharma opioid settlement wins conditional approval over objections from Md., others

September 1, 2021 Comments Off on Purdue Pharma opioid settlement wins conditional approval over objections from Md., others

A federal judge gave conditional approval to a sweeping plan to settle a mountain of lawsuits over OxyContin maker Purdue Pharma's role in the opioid crisis.

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What would you do with a $1 award in attorney’s fees?

August 23, 2021 Comments Off on What would you do with a $1 award in attorney’s fees?

Welcome to Monday, the 74th anniversary of the first Little League World Series championship game. The Maynard Midget League of Williamsport, Pennsylvania, defeated the Lock Haven All Stars of Lock Haven, Pennsylvania, 16-7. Here are some news items to get ...

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OxyContin maker’s attorney warns of long, expensive litigation

August 23, 2021 Comments Off on OxyContin maker’s attorney warns of long, expensive litigation

An attorney for Purdue Pharma said a judge needs to accept its plan to settle thousands of lawsuits over the opioid epidemic or face “years or decades of Hobbesian hell” with complicated litigation.

Tagged with: opioids oxycontin

McKinsey agrees to pay nearly $600M over opioid crisis

February 4, 2021 Comments Off on McKinsey agrees to pay nearly $600M over opioid crisis

The global consulting firm McKinsey & Company agreed to pay nearly $600 million for its role in advising businesses on how to sell more prescription opioid painkillers amid a nationwide overdose crisis.

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Failing bar exam didn’t stop would-be lawyer, but prison might

November 23, 2020 Comments Off on Failing bar exam didn’t stop would-be lawyer, but prison might

Welcome to Monday, the 123rd anniversary of the patenting of John Lee Love’s portable pencil sharpener. Here are some news items to get your holiday week started. — Two-time flunker of the bar exam gets sentenced to prison for illegally ...

Tagged with: bar exam fugitive health care fraud John Lee Love Kosovo oxycontin purdue pharma Sackler

After filing for bankruptcy, Purdue Pharma may not be off the hook

September 16, 2019 Comments Off on After filing for bankruptcy, Purdue Pharma may not be off the hook

Purdue Pharma filed for bankruptcy in the first step in a complex, multibillion-dollar plan by the maker of OxyContin to settle thousands of lawsuits brought against it by state and local governments over the nation’s deadly opioid disaster. The company ...

Tagged with: opioids oxycontin purdue pharma Sackler family Sacklers

NY sues billionaire family behind maker of OxyContin

March 28, 2019 Comments Off on NY sues billionaire family behind maker of OxyContin

NEW YORK — New York on Thursday sued the billionaire family behind the company that created OxyContin, joining a growing list of state and local governments alleging the drugmaker sparked the nation’s opioid crisis by putting hunger for profits over ...

Tagged with: opioid crisis oxycontin purdue pharma Sackler family

Md. local governments join litigation against opioid manufacturers

February 21, 2018 Comments Off on Md. local governments join litigation against opioid manufacturers

As local governments across Maryland combat the soaring cost of the opioid crisis, they’ve added a new strategy to their fight: litigation. Four Maryland counties — Anne Arundel, Cecil, Montgomery and Prince George’s — and Baltimore city have filed suit ...

Tagged with: Maryland Consumer Protection Act opioid lawsuit oxycontin racketeering

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