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OPIOID SETTLEMENT
What could come next for other social media firms as a jury finds Meta platforms harm childrenA New Mexico jury has fined Meta 375 million dollars. This is the first verdict in child safety trials against social media companies. The ...- Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probeMcKinsey & Co. agreed to a $650 million settlement with the DOJ, resolving a criminal investigation into their role in advising Purdue Phar...
- McKinsey faces US criminal probe over opioids work, sources sayThe probe is focused on whether McKinsey engaged in a criminal conspiracy when advising Purdue and other pharmaceutical manufacturers on ma...
- Supreme Court weighs landmark Purdue Pharma settlement impacting opioid crisisThe Supreme Court weighs a pivotal Purdue Pharma settlement shielding the Sackler family from opioid crisis lawsuits. The $6 billion agreem...
- McKinsey to pay $230 mn in latest US opioid settlementConsulting firm McKinsey & Co has agreed to pay $230 million in its latest settlement to resolve lawsuits alleging it fueled a US opioid ep...
- Wallmart Q3 Results: Company posts $1.8 billion loss after settlement resolving allegations on opioid casesBut its numbers were bogged down by a settlement set to provide $3.1 billion to communities nationwide and "require significant improvement...
- US retailer Walmart to pay $3.1 billion in opioid settlementThe funds will go to communities nationwide, and the settlement "will require significant improvements in how Walmart's pharmacies handle o...
- CVS, Walmart, Walgreens agree to $13.8-B US opioid settlementCVS said Wednesday it had agreed to pay about $5 billion over 10 years, and Walgreens disclosed in a filing with the US Securities and Exch...
- US pharmacy chains to pay $10 bn to settle opioid casesUS pharmacy chains CVS Health and Walgreens said Wednesday they had reached preliminary agreements to together pay more than $10 billion to...
- Dr Reddy's settles patent litigation with Indivior, Aquestive TherapeuticsThe stipulation of dismissal was filed pursuant to a settlement agreement that the company entered into with Indivior and Aquestive, it add...
- What's next for Purdue Pharma after $6 billion opioid settlement?The deal replaces a previous $4.3 billion agreement, which was upended on appeal after nine attorneys general argued that the Sacklers shou...
- US pharma groups advance $25 billion opioid settlementThe three distributors, McKessen, AmerisourceBergen and Cardinal Health, each "independently determined" that enough states and litigating ...
- Author Patrick Radden Keefe's book about billionaire Sackler clan wins $67K UK prize'Empire of Pain' traces the rise of the family's fortunes and its downfall in a web of lawsuits.
- $26 billion opioid settlement ready for next step: US drug firmsThe opioid crisis -- exacerbated by the coronavirus pandemic -- has killed more than half a million people in the United States.
- Johnson & Johnson settles New York opioid suits for $263 million before trialThe settlement resolves complaints brought by New York State Attorney General Letitia James and two Long Island counties that are set to go...
- J&J CEO pay irks investors upset with opioid lawsuits falloutJ&J has always excluded certain one-time costs such as litigation expenses from its calculation of stock payouts to executives, an approach...
- McKinsey & Co to pay $550m over role in opioid crisisMcKinsey suggested ways to “turbocharge” sales of Purdue’s OxyContin painkiller at a time when the legal market for the opioid-based medici...
- Purdue Pharma to plead guilty and pay $8.3 billion over opioidsThe settlement is likely to boost Purdue's effort to move past claims it helped spark a public-health crisis over opioids with its marketin...
- Cognizant, HCL Tech may feel the pain of US opioid lawsuitsIT services firms face hurdles due to possible client bankruptcies or cut in spending to pay settlements.
- J&J ordered to pay USD 572 million for opioid addiction crisisJ&J's shares rose about two percent to USD 130 in after-market trade following the decision.
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