U.S. Wants $11 Billion in Purdue Pharma Bankruptcy Case (1)

The U.S. Department of Justice is demanding Purdue Pharma LP, maker of the infamous OxyContin opioid painkiller, pay more than $11 billion in criminal and civil penalties as part of its bankruptcy reorganization plan, according to people familiar with the claims.

Federal prosecutors want Purdue to pay as much as $6.2 billion on the criminal side and about $5 billion in civil compensation for tax dollars spent battling the U.S. opioid epidemic and the havoc wreaked by allegedly illegal marketing of the drug, said the people who asked not to be identified because they’re not authorized to speak publicly ...