Sackler Family Aims Global Settlement For Opioid Lawsuits

Sackler Family Aims Global Settlement For Opioid Lawsuits

Introduction

Purdue Pharma is facing more than 2,000 opioid lawsuits from different states, cities, and counties. Mary Jo White, attorney of Sackler family who owns Purdue Pharma, recently stated litigation against the family and their company was legally unreliable and factually misleading, but still, they are ready for the global opioid settlement.

Arkansas’s Attorney General Leslie Rutledge, filed a lawsuit in the Pulaski Circuit Court against three opioid distributors, AmerisourceBergen Drug Corporation, McKesson Corporation, and Cardinal Health. She stated these distributors control 85 percent of the national opioid market share and collectively make more than $375 billion in annual revenue. Rutledge also filed a lawsuit last year against Purdue Pharma, Johnson & Johnson and Endo Pharmaceuticals for misleading the public on the dangers of opioids. Camden Clark Memorial Hospital Corporation in West Virginia along with 27 others have sued opioid manufacturers, distributors and others on similar lawsuit. Fourteen other states and one U.S. territory are also currently pursuing lawsuits against opioid manufacturers and distributors.