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Topic | Opioid Maker Purdue Pharma is filing for BANKRUPTCY!!! |
mrduckbear 09/09/19 2:03:30 AM #1: | Do you approve of these Big Pharma companies going bankrupt? - Results (2 votes)
Yes
0% (0 votes)
0
No
100% (2 votes)
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Purdue, the family that owns the company and a group of state attorney general had been trying to find a way to avoid trial and determine their responsibility that cost 400,000 American lives in 20 years Purdue and the Sackler family had rejected 2 offers from the states over how payments should be settled and the family declined to offer counter proposals Tennessee Attorney General Herbert Slatery said with that impasse, they expect Purdue to filie for bankruptcy immediately The failure sets up one of the most tangled bankruptcy cases in the nation's history and would leave every state and 2000 local governments that have sued themto battle it out in bankruptcy court for their remaining assets as it's not clear what a breakdown in settlement talks means for the Sackler family which is being sued separately for 17 states These lawsuits are likely to face a major hurdle as the Sackler family, who are major donors to museums and other cultural institutions around the world have transferred most of their multibillion empire OVERSEAS. Pennsylvania AG Josh Shapiro plans to sue the family as other states have who said the family are a group of sanctimonious billionaires who lied and cheated to make a profit Purdue and other members of the family reached a 270 milion profit settlement with Oklahoma to avoid a trial Most of those lawsuits have named other opioid makers, distributers and pharamcies in addition to Purdue some of which are pursuing their own settlements as Purdue has been the most popular target because of its OxyContin Do you approve of these Big Pharma companies going bankrupt? --- Every time a Gamefaqs User PROVES they Stepped on a Bug, i will STOP Posting for 48 Hours...THIS ACCOUNT ONLY ... Copied to Clipboard! |
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