TBA Law Blog

Posted by: Stacey Shrader Joslin on Sep 12, 2019

Purdue Pharma has tentatively struck a deal that would settle thousands of lawsuit brought by municipal and state governments alleging that the drug maker helped fuel the country’s deadly opioid crisis, National Public Radio reports. The pending settlement calls for the company to pay $3 billion dollars over several years and for the Sackler family to relinquish control of the company. The deal, if approved, likely means Purdue will avoid going to trial. A growing number of state attorneys general are lining up against the deal though, calling for the Sackler family to pay far more out of their personal fortune, valued at $13 billion. In related news, a regional opioid suit brought by six Tennessee district attorney generals against major pharmaceutical manufacturers is back on track after Court of Appeals Judge D. Michael Swiney reversed a lower court’s dismissal of the case. In his ruling, Swiney found that manufacturers can be held liable under the state's Drug Dealer Liability Act. The Chattanoogan.com has more.