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OxyContin

Business
Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit
Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic victims and fund addiction treatment programs. The Stamford, Connecticut-based company submitted the plan to the US Bankruptcy Court for the Southern District of New York, Purdue said in a news release on Wednesday, Mar. 19. The reorganization increases the Sackler family's payout by $1 billion from a previous deal. The plan will dissolve Purdue and transfer its assets to a new public benefit company focused on opioid crisis abatement. The Sacklers, who have…

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by Chris Spiker
News
Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed' Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed'
Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed' Purdue Pharma will pay more than $7 billion for the corporation's role in fueling the opioid epidemic that has killed hundreds of thousands of Americans. The Sackler family and Purdue Pharma reached a $7.4 billion settlement with attorneys general from 15 states on Thursday, Jan. 23. The Sacklers have owned the company headquartered in Stamford, Connecticut, for decades. The settlement includes $6.5 billion from the Sackler family, with $1.5 billion to be paid immediately, and nearly $900 million from Purdue Pharma. Funds will be distributed to states, local governments, and victims ov…

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by Chris Spiker
Sports
Legendary Wrestler From Jersey Shore Featured In New Vice Docuseries Legendary Wrestler From Jersey Shore Featured In New Vice Docuseries
Legendary Wrestler From Jersey Shore Featured In New Vice Docuseries Bam Bam Bigelow was one of wrestling's most famous big men, known for his agility and his signature flame tattoo on his head. Bigelow, who grew up in Monmouth County and attended Neptune High School where he wrestled and played football, was the subject of "Dark Side of the Ring: Bam Bam Bigelow: Beast from the East" on Vice. TONIGHT 🔥The flame-skulled wrestling legend. The lore of Bam Bam Bigelow has only grown since his death. His family tells his improbable tale for the first time.“Bam Bam Bigelow: The Beast from the East,” tonight at 10pm on @VICETV. pic.twitter.com/e9VXQZk9OR — Dar…

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by Sam Barron
News
NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement
NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement Oxycontin-maker Purdue Pharma has reached an historic $4.3 billion settlement with New Jersey, New York, Pennsylvania and a dozen other states that one attorney general said involved the “most that individuals have ever paid for breaking the law.” New Jersey expects to receive more than $110 million from the deal, state Attorney General Gurbir S. Grewal said Thursday. As part of the settlement, the Sackler family must surrender ownership of the bankrupt drug company. They also must release more than 30 million family and Purdue Pharma documents that outline their roles in an opioid epidemi…

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by Jerry DeMarco
News
Justice Department Accuses Walmart Of Fueling Opioid Crisis, Seeks Billions In Penalties Justice Department Accuses Walmart Of Fueling Opioid Crisis, Seeks Billions In Penalties
Justice Department Accuses Walmart Of Fueling Opioid Crisis, Seeks Billions In Penalties The Trump Administration sued Walmart on Tuesday for producing what it alleges is an illegal flow of pain killers that has fueled America’s opioid crisis. Ignoring “red flag” warnings against suspicious prescriptions from its own pharmacists, Walmart turned a network of 5,000 national in-store pharmacies into a pipeline of highly addictive painkillers, the Justice Department’s alleges in its lawsuit. Walmart understaffed those pharmacies while pressuring workers to fill prescriptions quickly – enabling widespread drug abuse -- in order to increase profits, the suit filed in US District Cour…

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by Jerry DeMarco
Police & Fire
NABBED: Trio Threw Heroin Bricks From Jeep Window While Fleeing Toms River Police NABBED: Trio Threw Heroin Bricks From Jeep Window While Fleeing Toms River Police
Nabbed: Trio Threw Heroin Bricks From Jeep Window While Fleeing Toms River Police Three men from Middlesex County were arrested by multiple police agencies after fleeing Toms River police while tossing bricks of heroin out of their speeding Jeep, authorities said.  The 19-year-old driver of the Jeep Cherokee, Ambiorix Ramierez of New Brunswick, was hit with multiple charges including eluding, obstruction and intent to sell a controlled dangerous substance, driving without a license, reckless driving, careless driving, failure to maintain lane, failure to signal lane change, failure to observe red traffic signal and improper passing on the right, according to a T…

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by Jon Craig