NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Gleammour AquaFresh
NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Home Local News All 50 states support a $7 billion opioid settlement for Purdue Pharma, which a judge may approve.

All 50 states support a $7 billion opioid settlement for Purdue Pharma, which a judge may approve.

A judge could advance Purdue Pharma's $7B opioid settlement after all 50 states back it
Up next
Meghan, the Duchess of Sussex, has her children, Prince Archie and Princess Lilibet, run a small market stall just like farmers do
Published on 18 June 2025
Author
NewsFinale Journal
Share and Follow
FacebookXRedditPinterestWhatsApp


All 50 U.S. states have agreed to the OxyContin maker Purdue Pharma ’s latest plan to settle thousands of lawsuits over the toll of opioids.

A judge on Wednesday is being asked to clear the way for local governments and individual victims to vote on it.

Government entities, emergency room doctors, insurers, families of children born into withdrawal from the powerful prescription painkiller, individual victims and their families and others would have until Sept. 30 to vote on whether to accept the deal, which calls for members of the Sackler family who own the company to pay up to $7 billion over 15 years.

If approved, the settlement would be among the largest in a wave of lawsuits over the past decade as governments and others sought to hold drugmakers, wholesalers and pharmacies accountable for the opioid epidemic that started rising in the years after OxyContin hit the market in 1996. The other settlements together are worth about $50 billion, and most of the money is to be used to combat the crisis.

In the early 2000s, most opioid deaths were linked to prescription drugs, including OxyContin. Since then, heroin and then illicitly produced fentanyl became the biggest killers. In some years, the class of drugs was linked to more than 80,000 deaths, but that number dropped sharply last year.

The request of U.S. Bankruptcy Court Judge Sean Lane comes about a year after the U.S. Supreme Court rejected a previous version of Purdue’s proposed settlement. The court found it was improper that the earlier iteration would have protected members of the Sackler family from lawsuits over opioids, even though they themselves were not filing for bankruptcy protection.

Under the reworked plan hammered out with lawyers for state and local governments and others, groups that don’t opt in to the settlement would still have the right to sue members of the wealthy family whose name once adorned museum galleries around the world and programs at several prestigious U.S. universities.

Under the plan, the Sackler family members would give up ownership of Purdue. They resigned from the company’s board and stopped receiving distributions from its funds before the company’s initial bankruptcy filing in 2019. The remaining entity would get a new name and its profits would be dedicated to battling the epidemic.

Most of the money would go to state and local governments to address the nation’s addiction and overdose crisis, but potentially more than $850 million would go directly to individual victims. That makes it different from the other major settlements.

The payouts would not begin until after a hearing scheduled for Nov. 10, during which Lane is to be asked to approve the entire plan if enough of the affected parties agree.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Share and Follow
FacebookXRedditPinterestWhatsApp
You May Also Like
16 arrested in undercover child predator sting: Sheriff
  • Local News

Sheriff’s Operation Leads to Arrest of 16 Suspected Child Predators

In Citrus County, Florida, a coordinated effort led to the arrest of…
  • NewsFinale Journal
  • November 1, 2025
Republican Jewish leaders planned a ceasefire celebration, pivoted to take on antisemitism within
  • Local News

Republican Jewish Leaders Shift Focus from Ceasefire Celebration to Combating Antisemitism

LAS VEGAS – The weekend’s events brought to light growing concerns about…
  • NewsFinale Journal
  • November 1, 2025
Urbana Free Library gets in on the Halloween fun
  • Local News

Urbana Free Library Hosts Spooktacular Halloween Events for All Ages

URBANA, Ill. (WCIA) — Halloween festivities brought excitement to children all over…
  • NewsFinale Journal
  • November 1, 2025
Storm Team 3: Cold front brings cool and sunny week
  • Local News

Evening Showers on the Horizon: Storm Team 3 Predicts Cloudy Skies Today

In Savannah, Georgia, the recent spell of cool, sunny weather is set…
  • NewsFinale Journal
  • November 2, 2025
MTV’s hit show ‘Ridiculousness’ canceled after 14 years, 46 seasons
  • Local News

MTV’s ‘Ridiculousness’ Ends Run After 14 Years and 46 Seasons

MTV is bringing the curtain down on one of its most iconic…
  • NewsFinale Journal
  • November 2, 2025
Israel says the latest remains returned from Gaza by Hamas are not of hostages
  • Local News

Israel Confirms Latest Remains from Gaza Are Not Hostage Victims

JERUSALEM (AP) — On Saturday, Israel announced that three sets of remains…
  • NewsFinale Journal
  • November 2, 2025
AI song generator Udio offers brief window for downloads after Universal settlement upsets users
  • Local News

Udio’s AI Song Generator Reopens for Limited Downloads Following Universal Music Settlement Controversy

Udio, a platform specializing in AI-generated music, has announced a 48-hour window…
  • NewsFinale Journal
  • November 2, 2025
Heidi Klum reveals much-anticipated 2025 Halloween costume
  • Local News

Heidi Klum Unveils Highly Anticipated Halloween Costume for 2025

NEW YORK (AP) — Heidi Klum captivated onlookers this Halloween by transforming…
  • NewsFinale Journal
  • November 2, 2025
NM Mother’s Dismembered Body Found in Kitchen Freezer, Son Charged with Murder
  • Crime

Horrifying Discovery: New Mexico Man Accused of Killing Mother After Her Body Found in Freezer

In a chilling development from Albuquerque, New Mexico, law enforcement has taken…
  • NewsFinale Journal
  • November 2, 2025
Trump invites Dodgers to White House after World Series win
  • US

President Trump Extends White House Invitation to Dodgers Following World Series Triumph

In a thrilling conclusion to the 2025 World Series, the Los Angeles…
  • NewsFinale Journal
  • November 2, 2025
Gia Giudice on Not Being “Like[d]” by Some Fans of Next Gen NYC
  • Celeb Lifestyle

Why Gia Giudice Divides Next Gen NYC Fans: A Candid Look at Her Polarizing Popularity

Gia Giudice recently addressed the mixed reception she received from some fans…
  • NewsFinale Journal
  • November 2, 2025
Johnson County man charged with attempted first-degree murder after juvenile is shot
  • Local News

Johnson County Resident Faces Attempted Murder Charges Following Shooting Incident Involving Juvenile

JOHNSON COUNTY, Tenn. (WJHL) — Authorities in Johnson County have charged a…
  • NewsFinale Journal
  • November 2, 2025
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate
Go to mobile version