A federal court ruled Tuesday to shield members of the Sackler family—which owns OxyContin producer Purdue Pharma—from any future civil lawsuits over their company’s ties to the opioid addiction crisis
, solidifying a deal that allows the disgraced family to pay $6 billion in exchange for immunity.... [+]The 2nd U.S. Circuit Court of Appeals in New York reversed a 2021 lower court ruling that found Sackler family members could not be protected from civil lawsuits as part of a Purdue Pharma bankruptcy deal because, while the company filed for bankruptcy in 2019, the individual family members never filed for bankruptcy protection themselves.
Tuesday’s ruling paves the way for a deal made in 2022 in which the Sackler family members who owned Purdue will pay $6 billion to settle the some
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Court Protects Sacklers From Opioid Lawsuits In Purdue Settlement DealA federal court ruled Tuesday to shield members of the Sackler family—which owns OxyContin producer Purdue Pharma—from any future civil lawsuits over their company’s ties to the opioid addiction crisis
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Ruling clears way for Purdue Pharma to settle opioid claims, protect Sacklers from lawsuitsA federal court ruling cleared the way Tuesday for OxyContin maker Purdue Pharma’s settlement of thousands of legal claims over the toll of opioids.
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