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Opioid Epidemic

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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 $7.4B In Historic Opioid Settlement: How Much Will PA Get? Purdue Pharma To Pay $7.4B In Historic Opioid Settlement: How Much Will PA Get?
Purdue Pharma To Pay $7.4B In Historic Opioid Settlement: How Much Will PA Get? 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
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$1.6 Million Fentanyl Arrest Of NY Man In PA: AG $1.6 Million Fentanyl Arrest Of NY Man In PA: AG
$1.6 Million Fentanyl Arrest Of NY Man In PA: AG A New York man is accused of bringing almost half a million doses of fentanyl into Pennsylvania, authorities say.  Yan Carlos Pichardo Cepeda, 27, was arrested by state agents and Allegheny County authorities and arraigned on Friday, Sept. 1, Attorney General Michelle Henry's Office said.  Pichardo Cepeda was spotted avoiding police officers and canine units when he arrived in Pittsburgh from New York, prosecutors said. He consented to a search of his backpack, where police said they found a kilogram of fentanyl. Eight more kilograms of fentanyl — or 450,000 doses — wer…

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by Mac Bullock
News
15 Dirt Bike-Riding Fentanyl, Heroin, Cocaine Dealers Nabbed In Harrisburg Drug Bust: AG 15 Dirt Bike-Riding Fentanyl, Heroin, Cocaine Dealers Nabbed In Harrisburg Drug Bust: AG
15 Dirt Bike-Riding Fentanyl, Heroin, Cocaine Dealers Nabbed In Harrisburg Drug Bust: AG A six-month investigation into alleged drug dealing dirt bike riders in Harrisburg resulted in the arrests of 15 people and a massive drug and gun seizure, Attorney General Josh Shapiro announced on Friday, Oct. 7. The details of the charges were released in an 88-page affidavit detailing the drug deliveries witnessed by police in broad daylight in the area of Regina, 14th, 13th, Wayne, Evergreen, Derry, Swatara, and Argyle streets. Police began watching the group in March 2022 after Harrisburg police department's narcotics unit witnessed a drug run and soon involved state police and a…

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by Jillian Pikora
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Suburban Philly Pharmacist Exchanged Heroin, Fentanyl For Sex, Money: DA Suburban Philly Pharmacist Exchanged Heroin, Fentanyl For Sex, Money: DA
Suburban Philly Pharmacist Exchanged Heroin, Fentanyl For Sex, Money: DA A Pennsylvania pharmacist was arrested on accusations he prescribed oxycodone, Xanax, and fentanyl to at least two people in exchange for sexual favors, authorities announced. Martin Brian, 81 -- who owns Murray-Overhill Pharmacy located on State Street in Media -- became the center of an investigation when police came to check on two unconscious individuals behind the pharmacy the morning of Sunday, April 18, Delaware County District Attorney Jack Stollsteimer said. As the officers were in the process of identifying the individuals in the car, a woman -- identified by authorities…

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by Cecilia Levine
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