A ruling by the Tennessee Supreme Court makes it possible to sue opioid manufacturers under the state’s Drug Dealer Liability Act. The ruling clears the way for a lawsuit to proceed that had been filed on behalf of children that were born addicted to opioids. “If the Baby Doe plaintiffs prove their allegations at trial, a jury could reasonably conclude ...
Flurry of Activity in Late December Could Spell a Long 2021 for Opioid Industry
Posted January 14, 2021 in Drug and Medical Device Lawsuits | Product News and Recalls
Documents: Sacklers Considered Early Opioid Exit Over Liability Lawsuit Concerns
Posted January 11, 2021 in Product News and Recalls
[W]e’re living in America,” wrote David Sackler in a May 2007 family email. “This is the land of the free and the home of the blameless. We will be sued. Read the op-ed stuff in these local papers and ask yourself how long it will take these lawyers to figure out that we might settle with them if they can freeze our assets and ...
Judge Approves OxyContin-maker Bankruptcy Settlement Terms
Posted December 7, 2020 in Drug and Medical Device Lawsuits | Product News and Recalls
“The Stamford, Connecticut-based company wants to convert into a public benefit corporation that would no longer be owned by members of the Sackler family. The plan calls for the new company to continue making OxyContin, but with the profits going toward fighting the opioid crisis, which has been linked to 470,000 deaths in the U.S. since 2000.”
Whether a more cognitively dissonant combination of words has ever been assembled in ...
continue reading...Negotiations Fail as Sacklers’ Purdue Pharma Readies for Bankruptcy Protection
Posted September 30, 2019 in Product News and Recalls
“I think they are a group of sanctimonious billionaires who lied and cheated so they could make a handsome profit. I truly believe that they have blood on their hands.” These are the words used by Pennsylvania Attorney General Josh Shapiro after news broke that the Sackler family had tanked negotiations seeking to hold Purdue Pharma responsible for its role in the nation’s opioid crisis.
Reports indicated that a settlement between the states, towns, and other ...
continue reading...Family Behind OxyContin Abuse Epidemic Set to Retain Billions in Government Settlement
Posted September 30, 2019 in Drug and Medical Device Lawsuits | Product News and Recalls
After doing their part to create and profit from an epidemic that has ravaged American communities and left hundreds of thousands of people dead in its wake, the family that is largely behind OxyContin’s rise to opioid prominence is set to keep the vast majority of their wealth and will never see the inside of a jail cell.
A recent article published by The Washington Post outlines the terms of a settlement ...
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