"OxyContin maker Purdue Pharma is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a massive legal settlement resolving thousands of lawsuits takes effect.
A federal judge on Tuesday delivered a criminal sentence to the company to resolve a U.S. Department of Justice probe — a last necessary step to clear the way for the settlement."

OxyContin maker Purdue Pharma is sentenced, set to dissolve
OxyContin maker Purdue Pharma has been ordered to pay $225 million in a criminal case related to how it sold its blockbuster opioid painkiller. The criminal sentence delivered Tuesday opens the door for a separate settlement of thousands of lawsuits over the toll of opioids to take effect. Under that deal, the company will dissolve and members of the Sackler family who own the company will pay up to $7 billion over 15 years. Some advocates wanted that deal blocked and are calling on members of the family to be criminally charged instead.

