Arizona's Opioid Claim Against Sacklers Rejected
Arizona's Opioid Claim Against Sacklers Rejected
Introduction
On Monday, the U.S. Supreme Court Rejected a case filed by the Arizona Attorney General Mark Brnovich against the Sackler family to compensate billions of dollars they allegedly raided from the company Purdue Pharma LP.
According to the claim filed in July, the family stacked more than $4 billion between 2008 and 2016, and the company was directed to transfer billions of dollars to the companies owned by the family, including overseas companies.
In September, Purdue Pharma and the Sackler family entered a tentative deal with a group of states to end nearly 2,000 lawsuits filed against the company over its role in the national opioid crisis, following the deal, the company filed for bankruptcy protection.
Similar allegations were brought in state court by the attorneys general for New York and Massachusetts.
Opioid lawsuits consolidated under MDL No. 2804 (In Re: National Prescription Opiate Litigation), presided by U.S. District Judge Dan Polster.
Comments
Latest News
Teen E-cigarette Use Hits 10-Year Low
Categories: E-Cigarette: JUUL
Federal officials report a significant decline in teen vaping rates in the U.S., with about half a million fewer middle and high school…
Baltimore, Walgreens Reach Opioid Settlement Totaling $402.5m
Categories: Opioids
The City of Baltimore has reached a settlement with Walgreens over its involvement in the opioid crisis, marking the…
Drug Distributors Reach $300M Opioid Settlement
Categories: Opioids
The three largest U.S. drug distributors—McKesson Corp, Cencora Inc, and Cardinal Health Inc—have agreed to pay $300 million to settle claims by health insurers and benefit plans over their role in fueling the U.S.…