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Purdue Pharma Responds to Wave of Opioids Litigation by Filing for Bankruptcy. What Happens Now?

10 monthes ago   |   By Time

Purdue Pharma, a pharmaceutical company facing an onslaught of litigation for allegedly contributing to the opioid crisis , filed for bankruptcy on Sunday as part of a tentative, yet controversial settlement with state and local governments.
Purdue is being sued in various courts over using allegedly deceptive marketing practices to promote its prescription painkiller OxyContin. One major federal case before an Ohio judge involves at least 1,600 consolidated lawsuits from across the country, including regions hard-hit by the crisis, like Portsmouth, Ohio, and Huntington, W.Va. On Monday...
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