Purdue's $8.34b DOJ Deal

October 21, 2020 by Christine Minhee in breaking

What is it with October? The Department of Justice announced today that it reached a $8.34 billion settlement with Purdue, which Massachusetts’ Attorney General Maura Healey, among others, hates. The deal doesn’t resolve Purdue Pharma’s bankruptcy proceedings; on the contrary, Purdue’s bankruptcy offer is conditioned upon its resolution of federal charges. More details here.