25 State Attorneys Oppose Oxy Settlement

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Twenty-five State attorneys have signed a letter opposing any settlements between the Justice Department and Purdue Pharmaceutical, Oxycontin’s manufacturers.

Purdue, owned by the infamous Sackler family, is preparing to settle a lawsuit with dozens of cities and counties across the United States. The suit itself is over their aggressive marketing and obfuscation with their addictive drug Oxycontin.

The Argument Against the Settlement

The attorneys say that the settlement does more harm than good. By forcing the state to oversee the settlement, the settlement will “improperly entangle state and local officials with future sales of the company’s addictive pain drug OxyContin.” The Justice Department has stipulated that Purdue transforms itself into a “public benefit company.” By becoming such an establishment, it would be run “on behalf” of the cities, states, and counties who are suing it.

The company, therefore, would need …

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Purdue Pharma in Planning to Settle Lawsuits with 10-12 Billion USD

Purdue Pharma, the pharmaceutical giant that makes OxyContin, and its owners, the wealthy Sackler family, are in talks to settle over 2,000 lawsuits aimed at the company for the opioid crisis. Preliminary discussions are in the range of $10 billion to $12 billion.

Which Lawsuits Are Involved?

The 2,000 lawsuits stem from cities, counties, and states that have suffered from the opioid crisis for years. The current suit in which settlement talks are being made is in Ohio. The pharmaceutical company wants to consolidate the lawsuits and have the affected parties decide who gets what in terms of settlement talks.

The lawsuit payouts are part of confidential conversations and discussed by Purdue’s lawyers at a meeting in Cleveland last Tuesday, Aug. 20, according to NBC news.

What Are the Lawsuits About?

The lawsuits point blame to Perdue Pharma and …

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