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Purdue Pharma and Sacklers Reach $270 Million Settlement in Opioid Lawsuit

Purdue Pharma, the maker of OxyContin, and its owners, the Sackler family, agreed to pay $270 million to avoid going to a state court trial over the company’s role in the opioid addiction epidemic that has killed more than 200,000 Americans over the past two decades.

The payment, negotiated to settle a case brought by the state of Oklahoma, was far larger than two previous settlements Purdue Pharma had reached with other states. It could jolt other settlement talks with the company, including those in a consolidated collection of 1600 cases overseen by a federal judge in Cleveland.

https://www.nytimes.com/2019/03/26/health/opioids-purdue-pharma-oklahoma.html

 

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