Purdue Pharma reaches tentative opioid settlement: sources

NEW YORK - OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing its settlement offer in bankruptcy proceedings starting as soon as next week, people familiar with the matter said.

States on Wednesday updated a federal judge on the settlement offer’s support, which could evolve as the day progresses, the people said. New York, Massachusetts and Connecticut, where privately-held Purdue is based, are among the states opposed to the current offer and have pushed the family to guarantee $4.5 billion, the people said.

Purdue would then ask a U.S. bankruptcy judge to halt litigation while settlement discussions continue, a move some states said they are likely to challengeA bankruptcy judge could force holdouts to accept a settlement as part of Purdue's reorganization plan if enough other plaintiffs agree. One reason Purdue is eyeing a bankruptcy filing soon is to avoid an Oct. 21 trial, the people said. That trial, stemming from widespread lawsuits consolidated in an Ohio federal court, risks a verdict with outsize damages Purdue could not withstand, one of the people said.

And in the end the governments will squander the money on unrelated things and the actual victims and their families will just be ignored, imprisoned & left to suffer the effects of addiction. Settlements should go to the victims but they will just be treated like criminals.

Yok normal halim böyle 😂ayık kafa😜

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