Latest in Sacklers, Purdue Pharma reach $7.4 billion settlement in opioid lawsuits
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Purdue Pharma, Sackler family to pay $7.4 billion opioid settlement
Purdue Pharma, the manufacturers of OxyContin, and members of the family that own the company, will pay billions to victims of the opioid crisis, as well as state and local governments.NBC News - 6h -
Sacklers, Purdue Pharma reach $7.4 billion settlement in opioid lawsuits
Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.ABC News - 8h -
Purdue and Sackler family agree to $7.4bn opioid settlement with US states
New deal is $1.4bn higher than previous one struck down by Supreme Court last yearFinancial Times - 5h -
Purdue Pharma, Sacklers reach new settlement agreement in opioid cases
Purdue Pharma and the members of the Sackler family who own the company agreed in principle to pay a $7.4 billion settlement to resolve thousands of lawsuits over their alleged role in the opioid ...The Hill - 6h -
Purdue Pharma and Sackler family to pay $7.4 billion in OxyContin settlement
Members of the Sackler family, who own OxyContin maker Purdue Pharma, and the company itself agreed to pay up to $7.4 billion in a settlement to lawsuits over the toll of the opioid painkiller.NBC News - 7h -
Purdue Pharma and Sacklers reach new $7.4bn settlement over opioids crisis
Settlement resolves thousands of lawsuits alleging Oxycontin caused addiction crisis. The Sackler family, which owns the OxyContin maker Purdue Pharma, has agreed to pay up to $7.4bn in a ...The Guardian - 8h -
Sacklers, Purdue Pharma reach $7.4B settlement with 15 states over opioid crisis
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.CBS News - 8h -
Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?
Biotech and pharma dealmaking is off to a good start in 2025. Meanwhile, digital health fundraising defined by “David and Goliath dynamic” in 2024, report says.CNBC - 2d -
Bain Capital in Talks to Buy Mitsubishi Tanabe Pharma
Bain Capital is in talks to acquire Mitsubishi Chemical Group’s pharmaceutical business in a potential multibillion-dollar deal, a person familiar with the matter said.The Wall Street Journal - 2d -
DOGE faces immediate lawsuits
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's DOGE slapped with lawsuits on first day in office Within moments of ...The Hill - 3d -
Kaufman-Renn leads No. 17 Purdue past No. 13 Oregon 65-58
Trey Kaufman-Renn had 23 points and 11 rebounds to help lead No. 17 Purdue past No. 13 Oregon 65-58 on Saturday.Yahoo Sports - 5d -
Kaufman-Renn leads No. 17 Purdue past No. 13 Oregon 65-58
Trey Kaufman-Renn had 23 points and 11 rebounds to help lead No. 17 Purdue past No. 13 Oregon 65-58ABC News - 5d -
DOJ hits Walgreens with lawsuit for filling 'unlawful' opioid prescriptions
The Department of Justice (DOJ) hit drugstore chain Walgreens with a lawsuit this week for filling “unlawful” opioid prescriptions that had no “legitimate” medical purpose for over a decade. The ...The Hill - 5d -
US accuses Walgreens of filling millions of illegitimate prescriptions, including for opioids
The U.S. Justice Department has filed a lawsuit accusing Walgreens of filling millions of prescriptions for Americans over the last decade and more without a legitimate purpose, including for ...ABC News - 6d -
U.S. Sues Walgreens for Role in Opioid Crisis
The pharmacy chain since August 2012 filled prescriptions that lacked a legitimate medical purpose, were invalid or weren’t issued in professional practice, the Justice Department said.The Wall Street Journal - 6d -
Child labor in slaughterhouses spotlighted by 3 settlements this week
JSB and Perdue Farms agreed to settlements of $4 million each, while QSA, which employed 54 children, will pay $400,000.CBS News - 6d -
Rudy Giuliani reaches settlement deal to end $146 million defamation case
Rudy Giuliani has reached a settlement agreement with the former Georgia election workers he owed almost $150 million to, according to a court filing Thursday.NBC News - Jan. 16 -
Giuliani Keeps His Condo in Settlement of Defamation Case
An agreement allowed the former mayor of New York City to keep his apartments and other valuables in return for an undisclosed payment to two election workers he defamed after the 2020 vote.The New York Times - Jan. 16 -
Former NYC Mayor Rudy Giuliani reaches settlement over World Series rings, Florida condo
Former New York City Mayor Rudolph Giuliani reached a settlement with two former Georgia election workers over ownership of his Florida condo and three World Series rings.CBS News - Jan. 16 -
Giuliani reaches tentative settlement with Georgia election workers
Attorneys for Rudy Giuliani and two former Georgia election workers said Thursday they have reached a tentative settlement, a remarkable twist that would end the workers’ extensive litigation to ...The Hill - Jan. 16 -
Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.CBS News - Jan. 16 -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - Jan. 13 -
Vince McMahon, SEC reach deal over settlements
The SEC says it has settled charges against former WWE CEO Vince McMahon over his failure to disclose that he signed two settlement agreements worth $10.5 million with two women in order for them ...ESPN - Jan. 10 -
Vince McMahon, SEC reach $1.7M settlement over hush money payments
World Wrestling Entertainment (WWE) co-founder Vince McMahon reached a settlement with the Securities and Exchange Commission (SEC) on Friday for failing to disclose two payments made on behalf of ...The Hill - Jan. 10 -
Ex-McKinsey partner pleads guilty to destroying records on opioids
Martin Elling pleads guilty to destroying records on advice provided to Purdue Pharma on how to ‘turbocharge’ sales. A former partner at McKinsey & Co pleaded guilty on Friday to obstructing ...The Guardian - Jan. 10 -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - Jan. 10 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Kroger agrees to pay $110M to Kentucky in opioid settlement
The Kroger Co. has agreed to pay Kentucky $110 million to settle a lawsuit filed last year alleging it pumped millions of doses of opioids into the state over the course of more than a decade. ...The Hill - Jan. 9 -
Johns Hopkins University reaches settlement to resolve complaints of antisemitism, Islamophobia
Johns Hopkins University reached a settlement Tuesday with the Department of Education over complaints of antisemitism and Islamophobia on its campus. The school has agreed to take actions to ...The Hill - Jan. 9 -
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Pentagon reaches historic settlement with LGBTQ veterans over discharge status
The Defense Department agreed to a class-action settlement that may affect more than 35,000 LGBTQ veterans who were discharged because of their sexual orientation under “don’t ask, don’t tell” and ...NBC News - Jan. 7 -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - Jan. 7 -
Pentagon Reaches Settlement With Veterans Dismissed Over Sexuality
The agreement, if approved by a judge, would let former service members upgrade their discharge status and receive benefits they had been denied.The New York Times - Jan. 7 -
Pentagon reaches historic settlement with veterans discharged under ‘don’t ask, don’t tell’
LGBTQ+ veterans who faced discrimination under policy can update paperwork to remove mention of their sexuality. The Department of Defense reached a historic settlement with more than 30,000 LGBTQ+ ...The Guardian - Jan. 6 -
Pentagon agrees to historic legal settlement with LGBTQ+ veterans
If approved by a federal judge, the agreement means the military would help thousands of veterans seek honorable discharges.CBS News - Jan. 6 -
LGBTQ veterans reach historic settlement with Pentagon over military discharges
A group of LGBTQ veterans who sued the Department of Defense last year for denying them honorable discharges because of their sexuality said Monday they had settled with the Pentagon. The ...The Hill - Jan. 6 -
Apple May Owe You $20 in a Siri Privacy Lawsuit Settlement
Plus: The FBI discovers a historic trove of homemade explosives, new details emerge in China’s hack of the US Treasury Department, and more.Wired - Jan. 4 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2
