15 States Settle With Opioid Maker Purdue Pharma For $4.5B: 'The Most That Individuals Have Ever Paid For Breaking The Law'

The 15 states that had opposed Purdue Pharma’s controversial bankruptcy plan finally landed on a deal that clears the way for a $4.5 billion settlement, reported various media outlets.

As part of the deal, Purdue will release millions of documents that detail the company’s role in the opioid epidemic that has killed hundreds of thousands of Americans, many due to OxyContin overdose and other addiction-related causes.

Under the terms of the deal, the Sackler family, owner of the now-bankrupt company, will pay an additional $50 million, a pittance from the family’s estimated fortune of $11 billion, much of which was earned by Purdue's aggressive sale of OxyContin.

New York Attorney …

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More 15 States Settle With Opioid Maker Purdue Pharma For $4.5B: 'The Most That Individuals Have Ever Paid For Breaking The Law'