Pur­due threat­ens to walk away from set­tle­ment, asks to pay em­ploy­ees mil­lions in bonus­es

There are two up­dates on the law­suit against Pur­due Phar­ma over its role in fu­el­ing the opi­oid epi­dem­ic, as the Sack­ler fam­i­ly threat­ens to walk away from their pledge to pay out $3 bil­lion if a bank­rupt­cy judge does not stop out­stand­ing state law­suits against them. At the same time, the com­pa­ny has asked per­mis­sion to pay mil­lions in bonus­es to se­lect em­ploy­ees.

Pur­due filed for chap­ter 11 bank­rupt­cy this week as part of its signed res­o­lu­tion to over 2,000 law­suits. The deal would see the Sack­ler fam­i­ly that owns Pur­due give $3 bil­lion from their per­son­al wealth and the com­pa­ny turned in­to a trust com­mit­ted to curb­ing and re­vers­ing over­dos­es.

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