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Purdue Pharma pleads guilty to misconduct fueling opioid crisis

 

Purdue Pharma headquarters stands in downtown Stamford, April 2, 2019 in Stamford, Connecticut. (Photo by Drew Angerer/Getty Images)

OAN Newsroom
UPDATED 3:25 PM PT – Tuesday, November 24, 2020

Disgraced company ‘Purdue Pharma’ pleaded guilty to three criminal charges for its role in the opioid epidemic.

On Tuesday, the guilty pleas came as part of an $8.3 billion settlement. The settlement was reached with the Justice Department in October.

The ‘OxyContin’ maker admitted to obstructing the administration’s efforts to combat the crisis, which contributed to hundreds of thousands of deaths across the U.S.

According to reports, sentencing is expected to come down at the time the company receives court approval for a bankruptcy reorganization.

Notably, this does not exclude individual members and executives of the company from being charged down the line.

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