Stamford-based Purdue Pharma reaches $7.4B opioid settlement

State Attorney General William Tong announced the agreement, which resolves lawsuits over the company's role in the national opioid crisis.

News 12 Staff

Jun 17, 2025, 11:19 AM

Updated 6 hr ago

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Stamford-based Purdue Pharma and the Sackler family have reached a $7.4 billion settlement with all 50 states and U.S. territories.
State Attorney General William Tong announced the agreement, which resolves lawsuits over the company's role in the national opioid crisis.
The suits alleged Purdue Pharma manufactured and aggressively marketed opioid products for decades.