deceptive marketing News

Tentative $161.5 Million Settlement Reached in Opioid Trial

CHARLESTON, W.Va. (AP) — Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement just as closing arguments were set to begin in a seven-week trial over the opioid epidemic, Attorney …

Judge Orders Mediation for Purdue, Sacklers Over Opioid Settlement

A U.S. judge on Monday ordered mediation in the Purdue Pharma bankruptcy, calling for the company, the Sackler family members that own it and nine states to determine whether they can reach a new opioid litigation settlement by Jan. 14. …

Washington Seeks Over $38 Billion From Opioid Distributors

SEATTLE (AP) — Having rejected a half-billion-dollar settlement offer, Washington Attorney General Bob Ferguson is taking the state’s case against the nation’s three biggest drug distributors to trial Monday, saying they must be held accountable for their role in the …

Purdue Pharma to Use Public Trusts, Sackler Cash to Settle Opioid Litigation

Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to and require the company’s Sackler family owners to contribute nearly $4.3 …

McKinsey to Pay $573 Million to Settle Claims Over Opioid Crisis Role — Source

Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a …

Purdue’s Sacklers Ask to Publish Defense to Clear Their Name

Purdue Pharma LP’s billionaire owners went on the offensive against what they call unfair press treatment that’s based on the false assumption they helped trigger the U.S. opioid epidemic. The Sackler family, whose bankrupt company developed the OxyContin painkiller, asked …

Oklahoma Judge Reduces Johnson & Johnson Opioid Payout to $465 Million

An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million. The decision by Cleveland County District …

Purdue Is Sued by Five More States Over OxyContin Marketing

Purdue Pharma LP and its billionaire owners are being sued by five more states alleging the company’s aggressive marketing of the OxyContin painkiller triggered a vast addiction epidemic that has claimed hundreds of thousands of lives in the U.S. The …

Lawsuit Claims Red Bull Boost No Better Than Coffee

Red Bull, the popular energy drink whose slogan is “gives you wings,” provides no more energy than a cup of coffee or a caffeine pill, according to a lawsuit made public on Wednesday. The lawsuit claims that Red Bull uses …