Purdue Pharma’s bankruptcy filing Sunday night may not dramatically affect Summit County’s ongoing lawsuit against Big Pharma, attorneys said. Purdue Pharma, which created OxyContin and has been accused of deceptive marketing that resulted in its increased proliferation, is a defendant in Summit County’s lawsuit. On Sunday, Purdue Pharma filed for bankruptcy as part of a proposed settlement. …
(CN) – Joining a long list of complainants against pharmaceutical giant Teva Pharmaceuticals and similar drug makers, Israel’s largest pension fund manager claims in a class action that Teva colluded with competitors to exorbitantly raise the price of generic drugs over the past five years. Teva had no choice but to quit the price-hike scheme when the public became aware of the investigations. …
Garguilo ruled Friday that the court may have jurisdiction over the family “on the ground that some or all of them acted as Purdue’s agents in perpetrating the alleged scheme.” He rejected the Sacklers’ argument that they cannot be held liable for actions that can be attributed to the company’s board of directors as a whole or for the conduct of any other defendant unless they personally …
The PCs have announced they are seeking to join a proposed class action lawsuit against more than 40 opioid manufacturer and wholesalers. The lawsuit was originally launched in B.C., as part of a bid to recoup some of the costs incurred as a result of widespread opioid addiction. “If passed, this proposed legislation would support us taking further action to battle the ongoing opioid crisis and …
Photo: Sue Ogrocki (AP/File)Israel-based Teva Pharmaceuticals has agreed to pay Oklahoma $85 million to settle a lawsuit brought by the state’s attorney general over the company’s involvement in fueling the opioid epidemic. The settlement was announced on Sunday by Oklahoma Attorney General Mike Hunter, ahead of a much-anticipated trial on Tuesday against the country’s largest drug …
A new proposed class action lawsuit is seeking compensation for Quebecers who’ve suffered from opioid addiction, targeting 27 companies that manufactured, marketed or sold the drugs and “deliberately misrepresented” the effects of opioids. The class action application, filed in Montreal on Thursday, seeks $30,000 in damages for each member of the class in addition to $25 million from each …
In a federal lawsuit outlining explosive allegations against two Clay County pharmacies making its way through the court system, four individuals are named as defendants in the case, including the pharmacies’ majority owner and three pharmacists who allegedly filled scores of suspect prescriptions. Dale Hollow Pharmacy and Xpress Pharmacy, located three doors from each other in the 1,500-person town of Celina, Tennessee, have been investigated on multiple occasions in the past by the Drug Enforcement Administration leading up to the lawsuit’s filing in February.
A national trade advocacy group for pharmaceutical distributors says that a lawsuit is a misguided attempt to deal with the effects of the opioid epidemic. The Healthcare Distribution Alliance contacted The Malone Telegram on Friday in response to news that Franklin County had joined a multicounty lawsuit against various opioid manufacturers and distributors. The group represents …
Monroe County has joined more than 100 counties in the U.S. in a lawsuit against the companies that distribute, market and create opioid drugs. Monroe County Executive Cheryl Dinolfo made the announcement Wednesday about the lawsuit. The litigation aims to recoup the various costs each county has incurred as a result of the opioid epidemic.
The cigarette makers eventually settled with the state for about $17.6 billion.
Big Tobacco is still paying that settlement and it hasn’t been too much of a burden. They just increased the price of cigarettes and went on to deal with other states and the federal government with the money forked over by millions of smokers. In the end, government and lawyers raked in the cash. The tobacco industry did have to change its marketing strategy a bit, but the same cigarettes are still available just about everywhere—selling well enough to generate record profits for the top tobacco companies—and smokers are still getting sick, still dying. …