Purdue Pharma Responds to Wave of Opioids Litigation by Filing for Bankruptcy. What Happens Now?

Purdue Pharma, a pharmaceutical company facing an onslaught of litigation for allegedly contributing to the opioid crisis, filed for bankruptcy on Sunday as part of a tentative, yet controversial settlement with state and local governments. Purdue is being sued in various courts over using allegedly deceptive marketing practices to promote its prescription painkiller OxyContin. One … Read more