SaveSupreme Court blocks Sackler family immunity, dismantles Purdue Pharma bankruptcy planKey takeaways:The Supreme Court shut down a deal that would have granted immunity to the Sackler family from opioid lawsuits. The ruling dismantles the Purdue Pharma bankruptcy settlement, which would have given around $6 billion to state and local governments and more than 100,000 victims and their families. The Supreme Court shut down a deal that would have granted immunity to the Sackler family from opioid lawsuits. The Sackler family profited around $12 to $13 billion from the drug, according to reporting from the Wall Street Journal. The Supreme Court put a hold on the Purdue Pharma’s bankruptcy proceedings in August, again halting immunity to the Sackler family.

Source: Wall Street Journal June 27, 2024 20:54 UTC