Close Menu
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio

Subscribe to Updates

Get the latest news and updates directly to your inbox.

Popular Now
Opinion: Sports is one of America’s greatest traditions and a powerful force that unites us Breaking News

Opinion: Sports is one of America’s greatest traditions and a powerful force that unites us

By Dewey LewisJuly 5, 20260

For 250 years, the United States has stood strong as the world’s greatest experiment in…

America’s next 250 years begin in the classroom

America’s next 250 years begin in the classroom

July 5, 2026
Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

July 5, 2026
Virginia, Montana top list of most patriotic states in new survey before America’s 250th

Virginia, Montana top list of most patriotic states in new survey before America’s 250th

July 5, 2026
Facebook X (Twitter) Instagram
Trending
  • Opinion: Sports is one of America’s greatest traditions and a powerful force that unites us
  • America’s next 250 years begin in the classroom
  • Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens
  • Virginia, Montana top list of most patriotic states in new survey before America’s 250th
  • Why the Canada vs Morocco draw at +245 is the best World Cup round of 16 bet you can make today
  • Cubs host Cardinals as Shota Imanaga and Kyle Leahy give bettors reason to back the over 8
  • Trump set to deliver ‘historic’ speech celebrating America’s 250th anniversary
  • New Jersey coastal city clashes over proposal to transform amusement park into luxury hotel
Facebook X (Twitter) Instagram LinkedIn VKontakte
Sunday, July 5
Republican Investor
Banner
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio
Subscribe
Republican Investor
You are at:Home » Purdue Pharma sentenced to $5.5B in opioid criminal case
Business

Purdue Pharma sentenced to $5.5B in opioid criminal case

Press RoomBy Press RoomApril 29, 2026No Comments3 Mins Read
Facebook Twitter LinkedIn Tumblr Reddit WhatsApp
Purdue Pharma sentenced to .5B in opioid criminal case
Share
Facebook Twitter LinkedIn Pinterest Email

Purdue Pharma, the manufacturer of OxyContin, was sentenced in federal court on Tuesday and ordered to pay $5.5 billion for its role in fueling the opioid epidemic.

The sentencing comes after Purdue pleaded guilty in 2020 on charges of deceiving federal regulators and paying doctors to boost opioid sales. According to court documents, Purdue illegally marketed its opioid products, defrauded the DEA by misrepresenting the effectiveness of its programs and paid kickbacks to doctors through its doctor speaker program.

“Purdue Pharma put profits over patient health and safety,” said Acting Attorney General Todd Blanche. “The company willfully rejected the law and ignored the diversion of their highly addictive prescription drugs. Their actions contributed to the opioid crisis that claimed countless lives and destroyed entire families and communities.”

“The opioid epidemic in the United States is a plague that has ruined lives and destroyed families,” said FBI Director Kash Patel. “Purdue Pharma complicitly contributed to this national epidemic in the name of their own greed by blatantly ignoring the health and safety of patients, putting countless lives at risk. The FBI and our DOJ partners will always work tirelessly to ensure that companies, like Pharma, pay for the harm they have inflicted and warn others that they will not get away with violating the law for personal gain.”

SOUTH CAROLINA AG WILSON: FENTANYL IS A NATIONAL SECURITY THREAT — FOLLOW THE CHINESE MONEY

The court ordered Purdue to pay a criminal fine of $3.544 billion, which will be assessed in connection with the bankruptcy proceedings, and an additional $2 billion in criminal forfeiture, the DOJ says.

U.S. District Judge Madeline Cox Arleo ordered Purdue Chairman Steve Miller to apologize directly to victims of the opioid pandemic who were in the courthouse on Tuesday.

Arleo allowed nearly seven hours of testimony from victims who spoke about Purdue’s role in the opioid epidemic.

BIPARTISAN BILL SEEKS TO STOP PHARMACY MIDDLEMEN FROM DRIVING UP DRUG COSTS FOR FINANCIAL GAIN

A pharmacy tech pulls medication from a shelf inside a pharmacy

“We are deeply apologetic for all of the things that happened that were described in colorful detail ⁠by all the victims here today,” Miller said, adding that the company, “deeply regrets and accepts responsibility.”

Arleo also said authorities repeatedly failed to rein in Purdue.

Todd Blanche

CLICK HERE TO GET FOX BUSINESS ON THE GO

“Your government failed you,” Arleo said. “The inadequacy of what the law can offer today must be plainly stated.”

Purdue Pharma, which was already preparing to pay $7.4 billion as part of a bankruptcy deal, addressed Tuesday’s sentence in a message on its website, noting that the company will cease to operate later this week.

“On April 28, 2026, the U.S. District Court for the District of New Jersey sentenced Purdue Pharma L.P. in connection with its 2020 Plea Agreement with the U.S. Department of Justice. Purdue is operating as usual and without interruption until May 1, 2026, when it will permanently cease operations,” the message said. “On that day, substantially all of Purdue’s assets will be transferred to a newly formed company, Knoa Pharma LLC. Medicines distributed though Purdue will then be distributed by Knoa Pharma.”

Reuters contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleHilary Duff’s latest Instagram content has suburban millennial moms gasping, a tennis match turns nasty & MEAT
Next Article Powell could remain at the Fed despite looming end of chair term

Related Posts

Michael Dell celebrates America’s 250th birthday with gift to seed the American Dream for millions of kids

Michael Dell celebrates America’s 250th birthday with gift to seed the American Dream for millions of kids

July 4, 2026
10 reasons to be bullish on America’s economy as the nation turns 250 years old

10 reasons to be bullish on America’s economy as the nation turns 250 years old

July 4, 2026
US brands go patriotic with .76 burger deals, eagle cups and more for America’s 250th

US brands go patriotic with $17.76 burger deals, eagle cups and more for America’s 250th

July 4, 2026
Surviving since Lincoln: How six generations beat the small business curse

Surviving since Lincoln: How six generations beat the small business curse

July 4, 2026
8-year-old gets surprise of a lifetime as Disneyland’s honorary 1 billionth guest

8-year-old gets surprise of a lifetime as Disneyland’s honorary 1 billionth guest

July 4, 2026
DOJ and FTC press states to target any illegal activity contributing to high gas prices

DOJ and FTC press states to target any illegal activity contributing to high gas prices

July 3, 2026
Add A Comment

Comments are closed.

Follow us
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Highlights
America’s next 250 years begin in the classroom Breaking News

America’s next 250 years begin in the classroom

By Dewey LewisJuly 5, 20260

NEWYou can now listen to Fox News articles! As America marks its 250th anniversary, we…

Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

July 5, 2026
Virginia, Montana top list of most patriotic states in new survey before America’s 250th

Virginia, Montana top list of most patriotic states in new survey before America’s 250th

July 5, 2026
Why the Canada vs Morocco draw at +245 is the best World Cup round of 16 bet you can make today

Why the Canada vs Morocco draw at +245 is the best World Cup round of 16 bet you can make today

July 5, 2026

Subscribe to Updates

Get the latest news and updates directly to your inbox.

About
About

Republican Investor is one of the top news portals to cover business, personal finance and second amendment news, follow us to get the latest news.

We're social, connect with us:

Facebook X (Twitter) Instagram LinkedIn VKontakte
Popular Posts
Opinion: Sports is one of America’s greatest traditions and a powerful force that unites us

Opinion: Sports is one of America’s greatest traditions and a powerful force that unites us

July 5, 2026
America’s next 250 years begin in the classroom

America’s next 250 years begin in the classroom

July 5, 2026
Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

Sofía Vergara, Arnold Schwarzenegger and more celebrities who became US citizens

July 5, 2026
Latest News
Virginia, Montana top list of most patriotic states in new survey before America’s 250th

Virginia, Montana top list of most patriotic states in new survey before America’s 250th

July 5, 2026
Why the Canada vs Morocco draw at +245 is the best World Cup round of 16 bet you can make today

Why the Canada vs Morocco draw at +245 is the best World Cup round of 16 bet you can make today

July 5, 2026
Cubs host Cardinals as Shota Imanaga and Kyle Leahy give bettors reason to back the over 8

Cubs host Cardinals as Shota Imanaga and Kyle Leahy give bettors reason to back the over 8

July 5, 2026
Copyright © 2026. Republican Investor. All rights reserved.
  • Privacy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.