Style Company Settlement

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2018-01-02
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On Friday, the New York attorney general's office said it had uncovered $1 billion in wire transfers by the Tacklers, alleging the family was trying to hide its assets. In 2007, Purdue and company executives agreed to pay $634.5 million to settle federal allegations that the company had disbanded OxyContin.
Nearly every US state is now suing OxyContin maker Purdue Pharma. California, Hawaii and Maine as well as the District of Columbia file lawsuits Monday against Purdue Pharma. That brings the total number of states suing the OxyContin maker to 48.
The lawsuits that Purdue and the Tacklers are seeking to settle allege that their company's sales practices were deceptive and at least partly responsible for the opioid crisis, which claimed more than 400,000 lives from 1999 to 2017, according to the Centers for Disease Control and Prevention.
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