The judge called the decision a "bitter result," saying he wished for a higher settlement, ultimately concluding thought that it would be better to settle now.
"It was important to the board that the market share of abuse-deterrent opioids grew because we believed and were told repeatedly by management that abuse-deterrent opioids saved lives," Mortimer D.A. Sackler said.
The Senate Majority Leader is our person of the year; what puzzles me about the Facebook anti-trust suit; and McKinsey and Company apologizes (sort of) for its relationship with OxyContin king Perdue Pharma.
Walmart strikes back against the Department of Justice; Jack Ma gets richer; some great business books for the holidays; and speculation about a potential Biden treasury chief.
Purdue Pharma and hundreds of tribes have yet to distribute $200 million in emergency funding to mitigate local opioid crises, but quickly organized around paying states' attorneys.
Plaintiffs who lost sons to overdoses and jobs to substance use disorders are joining the nationwide fight for compensation through Purdue Pharma's bankruptcy case.
At least two dozen universities received donations from the Sacklers over the last five years, totaling more than $60 million.
Rudy Giuliani has tried to "negotiate an end" to a Justice Department probe before.