Settlement resolves thousands of lawsuits alleging Oxycontin caused addiction crisis

The Sackler family, which owns the OxyContin maker Purdue Pharma, has agreed to pay up to $7.4bn in a settlement to lawsuits arising from the opioid epidemic.

The sprawling deal, agreed between Purdue Pharma, Sackler family members involved in its ownership, thousands of victims of the opioid crisis, and state and local governments, is among the largest settlements of its kind.