Purdue Pharma LP and the Sackler family will pay $270 million to settle Oklahoma’s claims that illegal marketing of the Oxycontin painkiller devastated local communities, an accord that could influence the results of thousands of lawsuits faced by the company and others.
The settlement comes two months before the scheduled start of a trial against Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd. and other opioid makers in Norman. Oklahoma is the first state in the nation to try such claims and the trial against the other companies will proceed.
The settlement resolves a sliver of the massive legal ...
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