Supreme Court rejects controversial Purdue Pharma bankruptcy deal

cafead

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  • cafead   Jun 27, 2024 at 11:52: AM
via The U.S. Supreme Court on Thursday invalidated a controversial bankruptcy deal involving Purdue Pharma, maker of the highly addictive painkiller Oxycontin, and members of the Sackler family who owned the scandal-plagued drug firm.

By a vote of 5 to 4 the justices threw out the bankruptcy settlement, which has been valued at between $6 and $10 billion.

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