Purdue Pharmaceuticals Offers to Settle Thousands of Lawsuits for $10-$12 Billion

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Purdue Pharmaceuticals Offers to Settle Thousands of Lawsuits for $10-$12 Billion
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Purdue Pharma offers to settle thousands of lawsuits for $10-$12 billion

for somewhere between $10 and $12 billion, NBC News reports. That figure comes on the heels of mediations between Purdue’s legal team and that of the plaintiffs, which were held in Cleveland last week., are bringing lawsuits against the Sackler family. At least 10 state attorneys general showed up to the negotiations involving the Purdue lawyers in Cleveland.

According to NBC News, lawyers for Purdue Pharmaceuticals offered the plaintiffs between $10 and $12 billion, $3 billion of which would directly come from the Sacker family members’ pockets. As part of the settlement, the Sacklers would also relinquish control of the company. (The Sackler family is

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