Court clears path Purdue Pharma opioid settlement, confirming the $7.5B plan and enabling victim compensation and company reorganization.

AG Paxton secures a deal with Purdue Pharma for bankruptcy reorganization, creating Knoa Pharma and a Master Creditor Trust.

The Sackler family has agreed to relinquish control of its longtime company, Purdue Pharma, and cease all sales of opioids in the United States as part of an historic $7.4 billion settlement that has ...

Former New York City Mayor Rudy Giuliani outside state Supreme Court in Manhattan.Molly Crane-Newman/New York Daily News/Tribune News Service via Getty Images The new Netflix series "Painkiller" tells ...

Purdue Pharma’s owners from the Sackler family have struck a new $6.5 billion settlement of mass litigation alleging they fueled addiction, reopening a path to end the longest and costliest corporate ...

On Monday, the Supreme Court will take on one of its highest-profile bankruptcy cases in recent memory: Whether or not to approve OxyContin-maker Purdue Pharma's controversial agreement that would ...

San Mateo County is set to receive millions of dollars from a settlement with the Sackler family and Purdue Pharma, a drug ...

Purdue Pharma begins several days of hearings Wednesday to finalize a $7.4 billion bankruptcy restricting plan that no longer fully protects the company’s owners, members of the Sackler families, from ...

The company and the once-prominent family behind the drug OxyContin agreed Thursday to increase their financial contribution to resolve mass opioid litigation. The Sacklers and Purdue Pharma boosted ...

A former senior partner at McKinsey & Company faces 20 years in prison on an obstruction charge related to the consulting firm’s work with opioids manufacturers. Martin Elling, 60, pleaded guilty on ...

There was no admission of wrongdoing. A member of the Sackler family, which owns OxyContin-maker Purdue Pharma, expressed "sadness" over the nation's opioid epidemic during a congressional hearing ...