Report: Purdue Pharma Offered $10-12 Billion To Settle Thousands Of Opioid Lawsuits

Report: Purdue Pharma Offered $10-12 Billion To Settle Thousands Of Opioid Lawsuits

Source: 
Forbes
snippet: 

Purdue Pharma, which is owned by the billionaire Sackler family, offered to pay $10 billion to $12 billion to settle more than 2,000 lawsuits against the company for its role in fueling the opioid crisis, NBC News reported—an effort to quell the escalating outrage and legal fallout against the family as a court ruling this week could pave the way for pharmaceutical companies to be held liable for the epidemic.