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
Kevin Warsh moves one step closer to becoming next Fed chair Business

Kevin Warsh moves one step closer to becoming next Fed chair

By Press RoomApril 29, 20260

Kevin Warsh’s nomination to serve as the next Federal Reserve chair took a big step…

Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt

Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt

April 29, 2026
Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

April 29, 2026
Powell could remain at the Fed despite looming end of chair term

Powell could remain at the Fed despite looming end of chair term

April 29, 2026
Facebook X (Twitter) Instagram
Trending
  • Kevin Warsh moves one step closer to becoming next Fed chair
  • Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt
  • Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming
  • Powell could remain at the Fed despite looming end of chair term
  • Purdue Pharma sentenced to $5.5B in opioid criminal case
  • Hilary Duff’s latest Instagram content has suburban millennial moms gasping, a tennis match turns nasty & MEAT
  • Stephen A Smith escalates feud with NASCAR with insufferable two-word suggestion
  • Shaq’s daughter makes transfer decision
Facebook X (Twitter) Instagram LinkedIn VKontakte
Wednesday, April 29
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

Kevin Warsh moves one step closer to becoming next Fed chair

Kevin Warsh moves one step closer to becoming next Fed chair

April 29, 2026
Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings

Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings

April 29, 2026
Treasury freezes 4M in crypto as ‘Operation Economic Fury’ pushes Iran to industrial breaking point

Treasury freezes $344M in crypto as ‘Operation Economic Fury’ pushes Iran to industrial breaking point

April 29, 2026
Disney reportedly shelves ESPN spinoff talks in major call under new CEO

Disney reportedly shelves ESPN spinoff talks in major call under new CEO

April 29, 2026
Subway rolls out nationwide value menu with 15 items under

Subway rolls out nationwide value menu with 15 items under $5

April 29, 2026
Ken Griffin slams Mamdani for singling him out as a ‘profound lack of judgment,’ ripping socialist bent

Ken Griffin slams Mamdani for singling him out as a ‘profound lack of judgment,’ ripping socialist bent

April 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Follow us
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Highlights
Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt Breaking News

Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt

By Dewey LewisApril 29, 20260

NEWYou can now listen to Fox News articles! Online influencer Hasan Piker mocked the attempted…

Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

April 29, 2026
Powell could remain at the Fed despite looming end of chair term

Powell could remain at the Fed despite looming end of chair term

April 29, 2026
Purdue Pharma sentenced to .5B in opioid criminal case

Purdue Pharma sentenced to $5.5B in opioid criminal case

April 29, 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
Kevin Warsh moves one step closer to becoming next Fed chair

Kevin Warsh moves one step closer to becoming next Fed chair

April 29, 2026
Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt

Hasan Piker no-shows pro-communist event over alleged safety fears while mocking Trump assassination attempt

April 29, 2026
Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

Oil Production In The Persian Gulf Has Fallen 57% From Pre-War Levels – Rationing Is Coming

April 29, 2026
Latest News
Powell could remain at the Fed despite looming end of chair term

Powell could remain at the Fed despite looming end of chair term

April 29, 2026
Purdue Pharma sentenced to .5B in opioid criminal case

Purdue Pharma sentenced to $5.5B in opioid criminal case

April 29, 2026
Hilary Duff’s latest Instagram content has suburban millennial moms gasping, a tennis match turns nasty & MEAT

Hilary Duff’s latest Instagram content has suburban millennial moms gasping, a tennis match turns nasty & MEAT

April 29, 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.