More states back $7.4 billion Purdue Pharma opioid settlement
More states, territories and Washington, D.C., have signed on to a settlement with drugmaker Purdue Pharma and the Sackler family over the opioid crisis, officials said.
Watch CBS News
More states, territories and Washington, D.C., have signed on to a settlement with drugmaker Purdue Pharma and the Sackler family over the opioid crisis, officials said.
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
In two rulings released Thursday, the Supreme Court has blocked both the EPA good neighbor rule meant to fight air pollution and Purdue Pharma's bankruptcy plan that would've broadly protected the Sackler family from civil lawsuits related to their role in the opioid epidemic. Former federal prosecutor Scott Fredericksen joined CBS News to discuss the decisions.
The Supreme Court heard arguments Monday in a case over a settlement for victims of the opioid crisis. Approving the settlement would mean shielding the Sackler family, the former owners of Purdue Pharma, from future lawsuits. Jan Crawford reports.
Purdue Pharma, the maker of OxyContin, filed for Chapter 11 bankruptcy protection in September 2019 after it faced scores of lawsuits related to the opioid crisis.
The U.S. Supreme Court will hear oral arguments Monday about the legality of a $6 billion bankruptcy agreement for Purdue Pharma, the manufacturer of OxyContin. While many families of victims support the deal, which would fulfill financial settlements, it would shield the powerful Sackler family from thousands of potential lawsuits. CBS News' Jan Crawford reports.
A multibillion-dollar bankruptcy settlement with the maker of Oxycontin will be challenged Monday at the Supreme Court. Justices are weighing whether the wealthy Sackler family, which owned Purdue Pharma, can evade lawsuits over the company's powerful painkillers linked to hundreds of thousands of deaths. CBS News chief legal correspondent Jan Crawford reports.
The Supreme Court put a settlement by Purdue Pharma on hold Friday. The settlement would have shielded the Sackler family, the clan behind the company and its alleged role in the opioid crisis, from future civil litigation. Jeff Glor has more.
The Supreme Court has temporarily blocked a Purdue Pharma settlement that would shield the Sackler family from civil lawsuits related to the opioid crisis. Author Barry Meier, who wrote the book "Pain Killer" about the Sacklers and Purdue Pharma, weighs in on the settlement.
Purdue sought bankruptcy protection in 2019 as it faced thousands of lawsuits over its drug OxyContin.
Under the settlement, the Sackler family will give up ownership of the company and contribute $4.5 billion, but will be freed from any future lawsuits over opioids.
A New York judge is expected to decide today whether to approve a bankruptcy settlement from oxycontin maker Purdue Pharma. The drug company and members of the family that own it, the Sacklers, have been blamed by some for helping fuel the country's opioid crisis. It's been linked to about 500,000 deaths nationwide. Anna Werner reports.
Richard Sackler questioned in court over whether his family bears any responsibility for drug epidemic.
The Sackler family, one of the wealthiest in America, has long been known as a patron of the arts, but only recently did their connections to Purdue Pharma become widely known. The company, which some blame for helping spark the opioid crisis, is privately owned by some members of the family. "48 Hours" correspondent Erin Moriarty reports on the Sacklers, whose name has become a controversial flashpoint in the opioid epidemic, and talks with New Yorker staff writer Patrick Radden Keefe, author of "Empire of Pain: The Secret History of the Sackler Dynasty."
Purdue Pharma, which some blame for helping spark the opioid crisis, is privately owned by some members of the Sackler family, whose name has become a controversial flashpoint in the opioid epidemic.
OxyContin maker would put profits into fight against opioid crisis, but many state attorneys general say plan doesn't do enough for victims and their families.
CBS News has learned Purdue Pharma, the maker of OxyContin, has offered $5-6 billion to settle thousands of claims. It is unclear how much Purdue's owners, the Sackler family, would have to pay.
The billionaire Sackler family may be willing to pay up, to settle thousands of lawsuits stemming from the opioid crisis. The proposed settlement comes amid speculation that the family's company, Purdue Pharma, is about to go bankrupt. Mola Lenghi reports.
Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy late Sunday. The move came days after Purdue reached a tentative settlement with many state and local governments over the toll the opioid epidemic has taken on communities nationwide.
Analysis commissioned by bankruptcy court could fuel calls for Sackler family members to return their drug windfall.
Lawyers for the pharmaceutical company secured permission to maintain business as usual — paying employees and vendors, supplying pills to distributors and keeping current on taxes and insurance
Some states plan to object to a settlement in bankruptcy court and may pursue lawsuits against the Sackler family
In the first interview since his ex-wife's murder trial, Patrick Clancy describes what happened at home before his children were killed and how he handled his grief in the aftermath.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
C.C. Yin's family has donated nearly $3 million to state-level California political causes and an additional $1,455,027 to federal campaigns.
CNN was set to provide pool coverage on Monday and accompany President Trump on a trip to New York City, but there will not be a network TV pool team traveling with him.
Trump Media & Technology recently launched a Truth Social API data feed, charging $100,000 for "real-time access to posts from the highest-ranking Truth Social accounts."
Flights at Newark Liberty International, John F. Kennedy International and LaGuardia airports were delayed due to an equipment outage, the FAA says.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Lindsay Clancy's lawyers asked a judge to question the holdout juror about his alleged use of a cellphone during deliberations and his truthfulness on a jury questionnaire.
Wilber Rafael Garces Perez, the 28-year-old Venezuelan national shot by an ICE officer on Sunday, said in a phone call on Monday that he's "not doing well."
Lindsay Clancy's lawyers asked a judge to question the holdout juror about his alleged use of a cellphone during deliberations and his truthfulness on a jury questionnaire.
Trump Media & Technology recently launched a Truth Social API data feed, charging $100,000 for "real-time access to posts from the highest-ranking Truth Social accounts."
C.C. Yin's family has donated nearly $3 million to state-level California political causes and an additional $1,455,027 to federal campaigns.
Paramount's agreement with 12 state attorneys general paves the way for the company to complete its $110 billion acquisition of Warner Bros. Discovery.
Trump Media & Technology recently launched a Truth Social API data feed, charging $100,000 for "real-time access to posts from the highest-ranking Truth Social accounts."
Paramount's agreement with 12 state attorneys general paves the way for the company to complete its $110 billion acquisition of Warner Bros. Discovery.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
Wilber Rafael Garces Perez, the 28-year-old Venezuelan national shot by an ICE officer on Sunday, said in a phone call on Monday that he's "not doing well."
Trump Media & Technology recently launched a Truth Social API data feed, charging $100,000 for "real-time access to posts from the highest-ranking Truth Social accounts."
C.C. Yin's family has donated nearly $3 million to state-level California political causes and an additional $1,455,027 to federal campaigns.
CNN was set to provide pool coverage on Monday and accompany President Trump on a trip to New York City, but there will not be a network TV pool team traveling with him.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
"I want my pictures to hurt," British war photographer Sir Don McCullin told CBS News ahead of the publication of his final book: "Vietnam."
The discovery of the nine bodies has fueled fear and anger, as authorities investigate whether a serial killer or killers were responsible.
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
Meloni said the government would bring the proposed legislation to the Council of Ministers, after which it would require parliamentary approval to become law.
Police have not said what led to the shooting or whether the synagogue or Jewish community was targeted.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
"Survivor" host Jeff Probst sits down with "CBS Mornings" to discuss the show's upcoming 51st season, which features some new twists and turns.
Ed Sheeran performed alone at his first concert since Macklemore was dropped from the tour for his pro-Palestinian comments onstage, resulting in Sheeran's other openers leaving as well. Sheeran told fans he "never wanted to be an activist musician" amid the controversy. Vlad Duthiers has the latest.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
This month marks 60 years since the first episode of Star Trek aired on TV, and Dave Malkoff shows how all these years later, the future is now.
A new lawsuit alleges that several leading artificial intelligence companies violated antitrust laws by agreeing to a coordinated slowdown. Renée DiResta, associate research professor at Georgetown University's Massive Data Institute, joins with analysis.
Betting apps are being accused of fueling addictive behavior, especially for vulnerable gamblers. Alex Klavens, a data journalist for The New York Times, interviewed former DraftKings employees who claim the platform may have been targeting addicts. He joins CBS News 24/7 to discuss his findings.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Recent polling data shows that a large portion of Americans believe AI models could be used by other countries to harm humans. CBS News' Anthony Salvanto breaks down the numbers.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Protesters are speaking out in Austin, Texas, following another shooting involving a federal immigration officer. CBS News immigration correspondent Camilo Montoya-Galvez reports.
An investigation is underway in Austin, Texas, after a federal immigration agent shot a man in the torso on Sunday. CBS News homeland security correspondent Nicole Sganga reports.
The discovery of the nine bodies has fueled fear and anger, as authorities investigate whether a serial killer or killers were responsible.
A federal immigration agent shot a Venezuelan migrant in Austin, Texas, officials say. CBS News' Jason Allen reports.
Meghan Sacks and Amy Shlosberg, criminologists and professors of criminology at Fairleigh Dickinson University, join "CBS Mornings" to break down Patrick Clancy's "60 Minutes" interview.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A series of independents are mounting competitive Senate campaigns in red states, including Army veteran and former Idaho State Rep. Todd Achilles, who is running against 83-year-old Republican Sen. James Risch. Achilles joins "The Takeout" to discuss his campaign.
Cuba's power grid collapsed on Friday, leaving millions on the island without electricity, marking the sixth known outage since President Trump cut off fuel to the country in January. CBS News chief correspondent Matt Gutman spoke with Cuban Deputy Foreign Minister Carlos Fernández de Cossio about the blockade.
In this web exclusive, Andy Beshear, the Democratic governor of Kentucky, talks with CBS News' Robert Costa about his new book, "Go and Do Likewise: How We Heal a Broken Country," and about his advice to Democrats on how to win over voters: "Just be real."
Transportation Secretary Sean Duffy says an Amtrak crew accidentally cut into a Verizon fiber line in New Jersey on Monday, causing an outage that led to major air travel issues along the East Coast. CBS News' Lilia Luciano reports.
A new lawsuit alleges that several leading artificial intelligence companies violated antitrust laws by agreeing to a coordinated slowdown. Renée DiResta, associate research professor at Georgetown University's Massive Data Institute, joins with analysis.