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41°
Monday, nov 25
Tag:
Sackler Family
News
CT To Receive $95M From Purdue Settlement, Create Opioid Survivors Trust, AG Says
Connecticut has big plans for its share of the $6 billion Purdue Pharma settlement after being one of nine agencies to appeal a previous settlement with the Sackler family. As part of the multi-billion dollar settlement, Connecticut is set to receive approximately $95 million, which is approximately 40 percent more than the previously vacated settlement that was appealed by state officials. Earlier story - Purdue Pharma Reaches $6B Settlement With US States Over Thousands Of Opioid-Related Lawsuits Connecticut Attorney General William Tong said that the money the state will receive as part…
News
Purdue Pharma Reaches $6B Settlement With US States Over Thousands Of Opioid-Related Lawsuits
OxyContin creators Purdue Pharma and the Sackler family have reached a $6 billion settlement over their roles in the ongoing opioid crisis plaguing the country. The announcement comes following an earlier deal made with Purdue, headquartered in Stamford, Connecticut, that was ultimately appealed by eight states and the District of Columbia until the Sacklers kicked in more cash to get the deal done. Earlier story - NY, Other States Reach $4.5B Settlement With Purdue Pharma Over Its Role In Opioid Epidemic The $6 billion will be paid out over the course of 18 years, with larger payments fro…