Purdue Pharma pleaded guilty Tuesday to three criminal charges, formally admitting its role in an opioid epidemic that has contributed to hundreds of thousands of deaths over the past two decades.
In a virtual hearing with a federal judge in Newark, New Jersey, the OxyContin maker admitted impeding the U.S. Drug Enforcement Administration's efforts to combat the addiction crisis. Purdue acknowledged that it had not maintained an effective program to prevent prescription drugs from being diverted to the black market, even though it had told the DEA it did have such a program, and that it provided misleading information to the agency as a way to boost company manufacturing quotas.
The deal includes $8.3 billion in penalties and forfeitures, but the company is on the hook for a direct payment to the federal government of only a fraction of that, $225 million. It would pay the smaller amount as long as it executes a settlement moving through federal bankruptcy court with state and local governments and other entities suing it over the toll of the opioid epidemic.
So who goes to jail?
horrible
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Purdue Pharma Pleads Guilty to Felonies Over OxyContin SalesThe guilty plea follows the approval last week by a U.S. bankruptcy court judge of an $8.34 billion settlement between Purdue Pharma and the Justice Department. Whose going to jail? Unless they can literally raise the dead, no amount of lawsuits will result in justice. Senator Perdue Karma too should plead guilty and drop out
Source: WSJ - 🏆 98. / 63 Read more »
OxyContin maker Purdue Pharma pleads guilty to criminal chargesPurdue Pharma LP pleaded guilty to criminal charges over the handling of its addictive prescription painkiller OxyContin, capping a deal with federal prosecutors to resolve an investigation into the drugmaker's role in the U.S. opioid crisis. In a just country the Sacklers would be stripped of their riches and put in federal supermax like heroin traffickers do. jail them please. no special treatment In their quest to make money, they have disrespected human life . To earn millions they have stooped to such life levels that the hope of the people had been belied. They are the devil in the flesh.
Source: Reuters - 🏆 2. / 97 Read more »
Purdue Pharma, maker of OxyContin, expected to plead guilty to charges related to nation's opioid crisisPurdue Pharma is expected to plead guilty to federal conspiracy and kickback charges, and acknowledge its aggressive marketing of opioids helped propel an addiction crisis that killed hundreds of thousands of Americans. Will the Sacklers also admit making $$ Billions $$ even after fines, court costs, and attorney costs with ZERO jail time? How about we seize all their assets and try them for crimes against humanity instead?
Source: ABC - 🏆 471. / 51 Read more »
Purdue Pharma, maker of OxyContin, expected to plead guilty to charges related to nation's opioid crisisPurdue Pharma is expected Tuesday to plead guilty to federal conspiracy and kickback charges and acknowledge that its aggressive marketing of opioids over the last three decades helped propel an addiction crisis that killed hundreds of thousands of Americans. The guilty plea is part of a settlement with the Justice Department. Critics say that a separate deal with members of the Sackler family, who owned the company and made an estimated $10 billion from OxyContin, is too lenient since they will not admit to wrongdoing and face zero charges as part of the settlement. GOProfiteering Party BUSTED Literally no one gives a shit: Is the Georgia GOP senate candidate related?
Source: YahooNews - 🏆 380. / 59 Read more »
OxyContin maker Purdue Pharma pleads guilty to criminal chargesNEW: OxyContin maker Purdue Pharma pleads guilty to criminal charges, capping a deal with federal prosecutors to resolve an investigation into the drugmaker’s role in the US opioid crisis. Will we learn something as a country
Source: MSNBC - 🏆 469. / 51 Read more »