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Endo, Citing Opioids, Says Bankruptcy Is Among Contingency Plans

Nov. 5, 2021, 4:26 PM

The company in its 10-Q filing says thousands of legal claims tied to opioids may cast doubt on its solvency.

  • “We have not been able to settle most of the opioid claims made against us and, as a result, we are exploring a wide array of potential actions as part of our contingency planning. These actions could include a bankruptcy filing which, if it were to occur, would subject us to additional risks and uncertainties that could adversely affect our business prospects and ability to continue as a going concern”

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