Purdue Pharma Wins Bankruptcy Case, Sackler Family Wins Immunity From Opioid Lawsuits

After two years of contentious bargaining, a U.S. bankruptcy court judge approved a controversial plan that will dissolve Purdue Pharma, the company that has been blamed for fueling the nation's deadly opioid crisis.

The decision provides sweeping immunity and will shield members of the wealthy Sackler family, now and in the future, from the numerous opioid lawsuits linked to their privately owned company Purdue Pharma and its OxyContin medication.

What To Know: The settlement calls for some Sackler family members to contribute more than $4.3 billion over nearly a decade to compensate people, local governments, and tribal communities that were …

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