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
Dem rep who went on expletive-laden anti-Trump rant wins primary Breaking News

Dem rep who went on expletive-laden anti-Trump rant wins primary

By Dewey LewisJune 10, 20260

NEWYou can now listen to Fox News articles! Incumbent Rep. Susie Lee, D-Nev., won Nevada’s…

Nevada’s top cop wins Dem primary, takes on Gov Lombardo

Nevada’s top cop wins Dem primary, takes on Gov Lombardo

June 10, 2026
Top GOP target Dina Titus fends off House primary challengers

Top GOP target Dina Titus fends off House primary challengers

June 10, 2026
Trump-endorsed candidate will face top GOP target in Nevada House district

Trump-endorsed candidate will face top GOP target in Nevada House district

June 10, 2026
Facebook X (Twitter) Instagram
Trending
  • Dem rep who went on expletive-laden anti-Trump rant wins primary
  • Nevada’s top cop wins Dem primary, takes on Gov Lombardo
  • Top GOP target Dina Titus fends off House primary challengers
  • Trump-endorsed candidate will face top GOP target in Nevada House district
  • Gaming-world veteran who ripped ‘woke’ culture scores Trump-backed battleground primary win
  • Jordan Staal’s two-goal night lifts Hurricanes past Golden Knights, evening Stanley Cup Final series
  • Collins secures GOP nod in Maine Senate battle that could decide GOP majority
  • Judge dismisses lawsuit by 31 former NC State athletes alleging sexual abuse, misconduct by ex-head trainer
Facebook X (Twitter) Instagram LinkedIn VKontakte
Wednesday, June 10
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

Major Carl’s Jr operator reportedly set to shutter, sell dozens of California locations

Major Carl’s Jr operator reportedly set to shutter, sell dozens of California locations

June 10, 2026
LARRY KUDLOW: From General Jack Keane — 10 to 14 days to return to military operations

LARRY KUDLOW: From General Jack Keane — 10 to 14 days to return to military operations

June 9, 2026
Amazon-sold infant nursing pillows recalled over potentially deadly suffocation risk

Amazon-sold infant nursing pillows recalled over potentially deadly suffocation risk

June 9, 2026
Most 401(k) savers may be short-changing themselves, data shows

Most 401(k) savers may be short-changing themselves, data shows

June 9, 2026
Chick-fil-A expands its ‘ghost kitchen’ model with new delivery-only store in Florida

Chick-fil-A expands its ‘ghost kitchen’ model with new delivery-only store in Florida

June 9, 2026
Are you a new stock market investor in June 2026? Here’s Warren Buffett’s advice

Are you a new stock market investor in June 2026? Here’s Warren Buffett’s advice

June 9, 2026
Add A Comment

Comments are closed.

Follow us
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Highlights
Nevada’s top cop wins Dem primary, takes on Gov Lombardo Breaking News

Nevada’s top cop wins Dem primary, takes on Gov Lombardo

By Dewey LewisJune 10, 20260

NEWYou can now listen to Fox News articles! Nevada Attorney General Aaron Ford defeated Washoe…

Top GOP target Dina Titus fends off House primary challengers

Top GOP target Dina Titus fends off House primary challengers

June 10, 2026
Trump-endorsed candidate will face top GOP target in Nevada House district

Trump-endorsed candidate will face top GOP target in Nevada House district

June 10, 2026
Gaming-world veteran who ripped ‘woke’ culture scores Trump-backed battleground primary win

Gaming-world veteran who ripped ‘woke’ culture scores Trump-backed battleground primary win

June 10, 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
Dem rep who went on expletive-laden anti-Trump rant wins primary

Dem rep who went on expletive-laden anti-Trump rant wins primary

June 10, 2026
Nevada’s top cop wins Dem primary, takes on Gov Lombardo

Nevada’s top cop wins Dem primary, takes on Gov Lombardo

June 10, 2026
Top GOP target Dina Titus fends off House primary challengers

Top GOP target Dina Titus fends off House primary challengers

June 10, 2026
Latest News
Trump-endorsed candidate will face top GOP target in Nevada House district

Trump-endorsed candidate will face top GOP target in Nevada House district

June 10, 2026
Gaming-world veteran who ripped ‘woke’ culture scores Trump-backed battleground primary win

Gaming-world veteran who ripped ‘woke’ culture scores Trump-backed battleground primary win

June 10, 2026
Jordan Staal’s two-goal night lifts Hurricanes past Golden Knights, evening Stanley Cup Final series

Jordan Staal’s two-goal night lifts Hurricanes past Golden Knights, evening Stanley Cup Final series

June 10, 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.