© 2023 WXPR
Mirror of the Northwoods. Window on the World.
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Purdue Pharma Settlement to Net $65M for Wisconsin

headache-1540220_1920.jpg
Pixabay
/

Attorney General Josh Kaul says Wisconsin is in line to receive $65 million as part of a $4.3 billion multistate settlement with OxyContin maker Purdue Pharma over its role in the opioid crisis. Wisconsin is among 45 states that took action alleging the company downplayed Oxycontin risks. Purdue sought bankruptcy protection in 2019 as a way to settle the lawsuits. The settlement agreement was disclosed late Wednesday night in a filing in U.S. Bankruptcy Court in White Plains, New York. The deal also calls for Purdue to turn over millions of documents and hundreds of thousands of confidential communications with its attorneys about tactics for selling opioids and for the company to be sold by 2025.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
Related Content