(ZEROHEDGE) – Perdue Pharmaceuticals admitted last year that it knowingly conspired with doctors to over-prescribe OxyContin and other dangerously addictive opioid painkillers in order to bolster profits.
And as it desperately seeks an exit from bankruptcy protection (which the company only invoked to avoid being financially ruined by thousands of lawsuits) Perdue and the Sackler Family (who are now being personally targeted by some states attorneys general) are pitching a new $10 billion settlement plan that will see the family increase its contribution to $4.3 billion, roughly one-third of the family's wealth.
The new offer is $1.3 billion larger than a $3 billion figure included as part of their initial 2019 settlement offer, which was rejected by 24 AGs and Washington DC.
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