It's Settled: A Federal Judge Approves A Nationwide Payout For Purdue Pharma
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Purdue Pharma first introduced its signature painkiller OxyContin to the market in 1996, and experts have since painted the company as one of the chief culprits of an ensuing opioid epidemic that has been linked to the deaths of over 500,000 Americans in the last two decades.
On Wednesday, the Purdue-owning Sackler family came one step closer to facing justice when a federal bankruptcy judge approved a nationwide settlement that will transform the company into a public trust and pay out billions of dollars to its victims and their families.
Source Fool.com
