A federal judge has decided that victims of the opioid epidemic have the right to sue Purdue Pharma for damages, but all claims must be filed by June 30, 2020. This is when the company will begin its bankruptcy proceedings.
Purdue has also reached a settlement with a portion of some states and local governments. Although the settlement amount has not been disclosed, it’s been reported that it could be worth more than $10 billion. The presiding Judge, Robert Drain, says it’s important to note that an official amount for settlement has not yet been reached.
What is Purdue Settling For?
Purdue Pharma has faced hundreds of lawsuits accusing them of creating the opioid epidemic that has killed tens of thousands of Americans in the past several years. They are accused of using coercive marketing tactics with doctors, even though …