Opioid

Opioid Settlement Lawyers Tempt Investors with Over $100 Million Payout Opportunity

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In a groundbreaking development in the legal industry, lawyers responsible for litigating against major opioid manufacturers are now offering investors a chance to share in the financial outcomes of their lawsuits. These legal battles, often highlighting the devastating impact of opioid addiction, have culminated in settlements surpassing $100 million. The unprecedented move allows investment in the litigation process itself, a rare opportunity that merges the realms of legal finance and high stakes corporate litigation. While historically, investing in legal outcomes has been the purview of specialized legal financing firms, this new initiative opens the door … Read more

Legal Battle Ignites Over Tooth Decay Claims Linked to Popular Opioid Treatment Medication

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Washington – A recent wave of lawsuits across the United States has highlighted a troubling side effect associated with Suboxone, a popular medication used in the treatment of opioid addiction. Legal actions are being taken by patients who allege that the drug has led to severe dental issues, including tooth decay. Suboxone, scientifically known as buprenorphine and naloxone, is an FDA-approved medication that plays a crucial role in the battle against opioid addiction. Typically administered under the tongue, it works by reducing cravings and withdrawal symptoms, which can be intense for those trying to overcome … Read more

Supreme Court Restricts Bankruptcy Shield, Impacting Opioid Settlements and Beyond

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WASHINGTON — A recent Supreme Court ruling may significantly alter the landscape for using bankruptcy to address widespread litigation. The decision against Purdue Pharma’s bankruptcy settlement highlights a shift in how courts handle claims against parties who haven’t filed for bankruptcy themselves. This change could have broad implications for companies facing mass tort litigation. Bankruptcy courts have traditionally offered several tools to aid organizations in resolving these complex lawsuits, which include cases like the large-scale settlements involving the Catholic dioceses and the Boy Scouts of America. These courts can halt ongoing litigation, providing breathing space … Read more

Supreme Court Set to Announce Verdict on Purdue Pharma’s Role in Nationwide Opioid Epidemic

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Washington, D.C. – In a ruling significant to the ongoing opioid crisis, the U.S. Supreme Court is poised to release its decision on the contentious bankruptcy case involving Purdue Pharma LP. This decision is expected to mark an important moment in the continuing legal battles tied to the opioid epidemic, an issue that has claimed over 750,000 American lives since hitting the nation’s heartland years ago. Purdue Pharma, the pharmaceutical giant behind OxyContin, filed for bankruptcy in 2019 as it faced a barrage of lawsuits. Plaintiffs accuse the company of aggressively marketing the prescription painkiller … Read more