By Golden State Today |
Jun 27, 2024
California Attorney General Rob Bonta released a statement following the U.S. Supreme Court's decision to strike down Purdue Pharma L.P.’s bankruptcy plan in Harrington v. Purdue Pharma. The ruling determined that nonconsensual third-party releases are not authorized under the Bankruptcy Code. Purdue’s plan had granted the Sackler family, owners of Purdue, immunity in exchange for up to $6 billion for claims related to OxyContin's misleading marketing and their role in the opioid crisis.