attorneys general News

Drugmaker’s Opioid Settlement Offer Gains Ground With States

Opioid makers and distributors who proposed paying almost $50 billion to resolve U.S. lawsuits over the addictive drugs are drawing more support from states, including California and New York, as pressure mounts for a deal before a trial starts next …

States Oppose Trump Proposal to Ship LNG by Rail, Citing Safety Risk

WASHINGTON — Attorneys general from 16 U.S. states have opposed a Trump administration proposal to ship liquefied natural gas (LNG) by rail, arguing that potential leaks from the shipments pose risks of fiery explosions to residents and emergency responders. The …

Drug Wholesalers, Teva Settle With Ohio Counties Over Opioids

The three largest U.S. drug distributors and a major generic-drug manufacturer have agreed to pay $260 million to settle the first federal trial over the companies’ role in fueling the U.S. opioid epidemic. Drug distributors McKesson Corp., Cardinal Health Inc. …

OxyContin Maker Purdue Pharma Files for Bankruptcy to Wipe Out 2,000 Lawsuits

Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S. opioid epidemic by illegally pushing sales of its addictive OxyContin painkiller. The Chapter 11 filing on Sunday in White …

Opioid Deal-Makers Cleared to Represent Cities Across U.S.

A judge approved a bid by U.S. cities and counties suing opioid makers such as Johnson & Johnson and Teva Pharmaceutical Industries Ltd. to negotiate a settlement as a group, in an effort to resolve the sweeping litigation over the …

Purdue Opioid Deal Pits State Against State on Epidemic Cost

Purdue Pharma LP, maker of the highly addictive Oxycontin painkiller, is pitting state against state with its offer of about $12 billion to resolve the company’s liability for the massive public-health crisis tied to opioid abuse that’s swept the U.S. …

Teva’s Budding Blockbuster Drugs Lend Respite From Legal Concerns

Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse …

Opioid Distributors Propose $10 Billion to End State Claims

McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the U.S. opioid epidemic — the first sign of progress in resolving state lawsuits against the drug distributors, according to …

Purdue Sackler Opioids Trial Boston Latest Updates

Massachusetts took Purdue Pharma LP to task in a Boston courtroom Friday, blaming the opioid maker and the billionaire Sackler family that owns it for causing “thousands of people to suffer and many to die.” The state has proof Purdue …

Capital One Touted the Cloud’s Safety as Hacker Was Breaching It

Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The cloud is faster. And the cloud is far more secure. Then a hacker got into the cloud, siphoning off sensitive …