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Sep 16, 2019
09/19
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in the united states has filed for bankruptcy. purdue pharma has been accused of aggressively marketing opioids and misleading doctors. it has reached a tentative settlement with several states, worth 12 billion dollars. our north america correspondent nick bryant reports. tasting the quiet rituals of opioid america, a parent visiting a shrine toa america, a parent visiting a shrine to a child who overdosed on heroin. jack was 28 when his died but his mother told us his drug addiction began a decade earlier, when he was prescribed painkillers as a teenager. he did not miss a game, he was an amazing kid. he had been injured playing american football in high school and started taking oxycontin, a drug prosecutors allege was aggressively and deceptively marketed by purdue pharma, a company owned by the sackler family, one of the richest in america. in the early days, did you have any sense of how addictive oxycontin was? no, no, no, and it really bothers me because nobody ever told us there was an addictive quality at all, and they purposefully sat out to misguide doctors, mislea
in the united states has filed for bankruptcy. purdue pharma has been accused of aggressively marketing opioids and misleading doctors. it has reached a tentative settlement with several states, worth 12 billion dollars. our north america correspondent nick bryant reports. tasting the quiet rituals of opioid america, a parent visiting a shrine toa america, a parent visiting a shrine to a child who overdosed on heroin. jack was 28 when his died but his mother told us his drug addiction began a...
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Sep 16, 2019
09/19
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the opioid addiction epidemic has filed for bankruptcy. purdue pharma has been acced of aggressively marketing opioids and misleading doctors. it has reached a tentative settlement with several states. ndour north america correst nick bryant reports. nick: these are the quiet rituals of opioid america.al a pair are visiting is tryinto bash visiting a shrin- a pr are visiting a shrine to a child who overdosed on heroin. bujeff was 28 when he died his mother told us his drug addiction began a decade earlier when he was prescribed painkillers as a teenager. he did not miss practice. or game he was an amazing kid. nick: jeff had beeininjured playg american football in high school and started taking oxycontin, a drug prosecutorsti allege was deceptively marketed by purdue pharma, owned by the sackler family, one of the richest in america. in the early days, did you have eany sense of how addictive -- no, no, no. like, no, no, no. it really bothers me because no one ever told us there was an addictive quality at all. they purposely setut to misguide doctors, ms. lee -- sld t public, and ha
the opioid addiction epidemic has filed for bankruptcy. purdue pharma has been acced of aggressively marketing opioids and misleading doctors. it has reached a tentative settlement with several states. ndour north america correst nick bryant reports. nick: these are the quiet rituals of opioid america.al a pair are visiting is tryinto bash visiting a shrin- a pr are visiting a shrine to a child who overdosed on heroin. bujeff was 28 when he died his mother told us his drug addiction began a...
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Sep 11, 2019
09/19
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KGO
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. >> reporter: tonight, purdue pharma, the maker of oxycontin, reaching a tentative deal with more than 20 states and 2,000 local governments to settle claims over the nation's deadly opioid epidemic. a source close to the negotiations tells abc news the pharma giant will pay up to $12 billion, including $3 billion from the sackler family. the majority of the settlement is expected to go to treatment, rehab and anti-overdose measures. the deal stipulates purdue pharma would declare bankruptcy, but the company will continue to sell okay sin contin. >>, so, let's get to rebecca jarvis tonight. and many states are coming out against this deal tonight. >> reporter: that's right, david. the opioid crisis, according to the cdc, cost the u.s. $78 billion a year. and attorneys general in a number of states tonight, including new york, connecticut, pennsylvania and massachusetts have come out against the deal, saying it doesn't go far enough and that purdue pharma needs to admit wrongdoing, david. >> rebecca jarvis, i know you'll continue to follow it. >>> next, a guilty verdict for the chinese bus
. >> reporter: tonight, purdue pharma, the maker of oxycontin, reaching a tentative deal with more than 20 states and 2,000 local governments to settle claims over the nation's deadly opioid epidemic. a source close to the negotiations tells abc news the pharma giant will pay up to $12 billion, including $3 billion from the sackler family. the majority of the settlement is expected to go to treatment, rehab and anti-overdose measures. the deal stipulates purdue pharma would declare...
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Sep 12, 2019
09/19
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KGO
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philanthropist. he was 91 years old. >>> purdue pharma has announced it has reach add agreement. >> reporter: a ground breaking settlement in the opioid crisis. the washington post was first to report that purdue pharma, the manufacturer of oxycontin has reached a tentative settlement deal with nearly half of the sttes in this country and 2,000 local governments. said to be worth $10 billion to $12 billion includes a $3 billion from the sackler family who have a controlling interest in purdue pharma. the sacklers would give up control of the company. purdue would file bankruptcy and become a trust charged with combating the opioid epidemic. in clips released by the investigative news group pro publica, we hear dr. richard sackler. >> do you know whether oxycontio is more powerful or less powerful than morphine? >> depends on what you mean by powerful. if powerful means potency, absolutely. it is twice as potent as morphine. >> reporter: previously, purdue pharma explained in a statement, while purdue pharma is prepared to defend itself, it sees little good coming from years of w
philanthropist. he was 91 years old. >>> purdue pharma has announced it has reach add agreement. >> reporter: a ground breaking settlement in the opioid crisis. the washington post was first to report that purdue pharma, the manufacturer of oxycontin has reached a tentative settlement deal with nearly half of the sttes in this country and 2,000 local governments. said to be worth $10 billion to $12 billion includes a $3 billion from the sackler family who have a controlling...
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Sep 11, 2019
09/19
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KPIX
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actually become law. >>> purdue pharma faces hundreds of lawsuits for its alleged role in the opioid crisis gripping the nation. the sackler family, which owns purdue pharma, is willing to sell the company and pony up billions of their own money to end the lawsuits. mola lenghi has the story. >> reporter: the details of purdue pharma's proposed settlement are the clearest sign its owners are ready to settle up to settle the more than 2,000 lawsuits accusing the drugmaker of fuelling the opioid crisis. members of the sackler family are willing to give up ownership of the comany and pay an additional $3 billion to $4.5 billion from their personal wealth. over two decades while the sale of the painkiller oxycontin generated billions of dollars in profits for the drugmaker, the nation's opioid addiction was reaching a crisis. according to the cdc, overdose deaths linked to prescription. opioids have killed more than 218,000 americans since the l e 1980s. tony lagreca died after a long struggle with opioid addiction. >> it seems that the sackler family, that purdue pharma may now be willi
actually become law. >>> purdue pharma faces hundreds of lawsuits for its alleged role in the opioid crisis gripping the nation. the sackler family, which owns purdue pharma, is willing to sell the company and pony up billions of their own money to end the lawsuits. mola lenghi has the story. >> reporter: the details of purdue pharma's proposed settlement are the clearest sign its owners are ready to settle up to settle the more than 2,000 lawsuits accusing the drugmaker of...
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Sep 11, 2019
09/19
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KPIX
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opioid crise. the proposed settlement comes amid speculation that the cumily's company, purdue pharma, is about to go bankrupt. >> reporter: details of purdue pharma's proposed settlement are the clearest sign its owners are ready to pay up to settle the more than 2,000 lawsuits accusing the drug maker of fueling the opioid crisis. ls news has learned members of the sackler family, who own purdue, are willing to give up ownership of the company and pay an additional $3 billion to $4.5 billion from their personal wealth. over two decades, while the sale of the painkiller oxycontin generated billions of dollars profits for the drug maker, the nation's opioid addiction was reaching a crisis. according to the c.d.c., overdose deaths have killed more than 218,000 americans since the late 1990s. tony lagreca's son, matthew, died in 2014 after a long struggle with prescription opioids. he says his addiction started with a single bottle of purdue pharma's oxycontin to treat a football injury. it seems the sackler family, purdue pharma, now may be willing to pay up? l, well, they're offering a cer
opioid crise. the proposed settlement comes amid speculation that the cumily's company, purdue pharma, is about to go bankrupt. >> reporter: details of purdue pharma's proposed settlement are the clearest sign its owners are ready to pay up to settle the more than 2,000 lawsuits accusing the drug maker of fueling the opioid crisis. ls news has learned members of the sackler family, who own purdue, are willing to give up ownership of the company and pay an additional $3 billion to $4.5...
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Sep 18, 2019
09/19
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KRON
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physical violence. but they believe o'neill's actions caused the boy's death. and purdue pharma the maker of toxic hot and is in bankruptcy court today. yeah it is hoping that declaring bankruptcy will help settle all the lawsuits that it's facing. >>in connection with the opioid epidemic, not mural has the latest. >>the opioid crisis spans every corner of the country catching the attention of the president. >>the opioid epidemic last year we saw the first nationwide decline in drug over does and it was a very big decline more than 2000 state local and native american governments have filed lawsuits against purdue pharma the manufacturer about the cotton and other opioid companies. >>purdue pharma which denies any wrongdoing is now in bankruptcy court. its plato set aside billion to address the crisis releasing a statement saying the deal will provide billions of dollars in critical resources to communities across the country trying to cope with the opioid crisis. we will continue to work wi state attorneys general and other plaintiffs representatives to finalize and implement this
physical violence. but they believe o'neill's actions caused the boy's death. and purdue pharma the maker of toxic hot and is in bankruptcy court today. yeah it is hoping that declaring bankruptcy will help settle all the lawsuits that it's facing. >>in connection with the opioid epidemic, not mural has the latest. >>the opioid crisis spans every corner of the country catching the attention of the president. >>the opioid epidemic last year we saw the first nationwide decline...
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news of settlement talks between purdue pharma in the over 40 states and 1500 cities and county governments suing the pharmaceutical giant over their role in the opening up the democratic ground to a halt the talks are grounded to a halt at issue according to n.p.r. and the family behind purdue pharma the sackler family but the waltons are to wal-mart the sac lawyers are to purdue pharma and p.r. reports that according to the state attorney general's negotiating with the company the talks have stalled because the sackler the rejected a demand they give up 4500000000 of their personal wealth the settle the opiate settle opioid claims against the company in an e-mail sent to state attorney general's involved in the lawsuit in them tame by n.p.r. north carolina state attorney general josh stein and his counterpart in tennessee herbert slattery predict that purdue will be filing for bankruptcy imminently going on to write that the sackler has refused to budge and they've declined to offer any counter proposal.
news of settlement talks between purdue pharma in the over 40 states and 1500 cities and county governments suing the pharmaceutical giant over their role in the opening up the democratic ground to a halt the talks are grounded to a halt at issue according to n.p.r. and the family behind purdue pharma the sackler family but the waltons are to wal-mart the sac lawyers are to purdue pharma and p.r. reports that according to the state attorney general's negotiating with the company the talks have...
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Sep 18, 2019
09/19
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KRON
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insight. do it i've run from the washington post. >>up next opioid maker purdue pharma in bankruptcy court in effort to try to settle more than 2000 lawsuits against them. geico makes it easy to get help when i need it. with licensed agents available 24-7, it's not just easy. it's having-jerome-bettis- on-your-flag-football-team easy. go get 'em, bus! ohhhh! [laughing] c'mon bus, c'mon! hey, wait, wait, wait! hey man, i got your flag! i got your flag, man! i got your flag! it's geico easy. with licensed agents available 24/7. 49 - nothing! woo! >>pharma the maker of oxycontin appeared in bankruptcy court today. >>that company is hoping that declaring bankruptcy will help settle all the lawsuits. it's facing a connection with the opioid at the demick not a real merit has the very latest. >>the opioid crisis spans every corner of the country catching the attention of the president. >>the opioid epidemic last year we saw the rst nationwide to climb in drug over does and it was a very big to climb more than 2000 state local and native american governments have filed lawsuits a
insight. do it i've run from the washington post. >>up next opioid maker purdue pharma in bankruptcy court in effort to try to settle more than 2000 lawsuits against them. geico makes it easy to get help when i need it. with licensed agents available 24-7, it's not just easy. it's having-jerome-bettis- on-your-flag-football-team easy. go get 'em, bus! ohhhh! [laughing] c'mon bus, c'mon! hey, wait, wait, wait! hey man, i got your flag! i got your flag, man! i got your flag! it's geico...
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another pharmaceutical company purdue pharma has also come under fire this week and recently unsealed court documents it was revealed the company funded advocacy organizations which served as front groups screenshots of e-mail correspondence published in a multi district opiate lawsuit have led to accusations the giant corporation calls america's biggest drug epidemic we reached out to purdue pharma for a comment and will bring you any response nevertheless the company itself admits people affected should seek help as soon as possible. well burgess farmer is prepared to defend itself vigorously in the woods a geisha the company has made clear that it sees little good coming from years of wasteful it's a geisha and appeals to people and communities affected by the opiate crisis need help now in the late 1990 s. prescriptions for painkillers were made readily available as pharmaceutical companies assured doctors that their patients would not become addicted but it quickly became clear that many people were becoming dependent with deaths from opiate overdoses reaching a record high of 42
another pharmaceutical company purdue pharma has also come under fire this week and recently unsealed court documents it was revealed the company funded advocacy organizations which served as front groups screenshots of e-mail correspondence published in a multi district opiate lawsuit have led to accusations the giant corporation calls america's biggest drug epidemic we reached out to purdue pharma for a comment and will bring you any response nevertheless the company itself admits people...
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Sep 12, 2019
09/19
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KPIX
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will be right back. . >>> purdue pharma reece reached a settlement with dozens of states. diane king hall has the story and much more in today's money watch report. . >> reporter: wall street finished higher on wednesday. the dow rallied 227 points. nasdaq added 85 and the s&p 500 rose 21. both china and the u.s. made moves yesterday to ease trade tensions ahead of next month's negotiations. first china i nouned a tariff exemption for some products sending tech stocks higher. and last night, president trump said the u.s. will delay the tariff hike on chinese imports by two weeks. tariffs of 25% were set to rise to 30% on october 1st. objectiony conton maker purdue pharma reached a tentativesettlement with 2 to 2 # states. they will pay $12 billion, 3 billion of which from the sackler family which will give up ownership of the company. oxycontin has been seen as one of the contributors to the opioid epidemic, the settlement does not include an admission of wrongdoing. t boone pickens has died. northern as a corporate raider who targeted oil companies in the 1980s. he focused on renewa
will be right back. . >>> purdue pharma reece reached a settlement with dozens of states. diane king hall has the story and much more in today's money watch report. . >> reporter: wall street finished higher on wednesday. the dow rallied 227 points. nasdaq added 85 and the s&p 500 rose 21. both china and the u.s. made moves yesterday to ease trade tensions ahead of next month's negotiations. first china i nouned a tariff exemption for some products sending tech stocks...
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Sep 18, 2019
09/19
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KRON
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governments have filed lawsuits against purdue pharma over the opioid crisis but now the company bankruptcy ahead in sports. a better moment for the us trump's key family is mike heads to the park where his grandfather car. >>became a major league legit >>to gun is going to be a viable in this country. this is not a case that that people are going to the sale of we want to do is stop the inappropriate use in the abuse. the people in end of life paying people through the media surgical needs. >>i'm going to be able to get the medicine they need. >>purdue pharma will continue making opioid fox a cotton for now even while it pursues bankruptcy protection. the pharmaceutical company was in bankruptcy court today, hoping that that will settle all the lawsuits is facing in connection with the opioid epidemic. >>now merrill has the very latest. >>the opioid crisis spans every corner of the country catching the attention of the president. >>the opioid epidemic last year we saw the first nationwide decline in drug over does and it was a very big to climb more than 2000 state local and nat
governments have filed lawsuits against purdue pharma over the opioid crisis but now the company bankruptcy ahead in sports. a better moment for the us trump's key family is mike heads to the park where his grandfather car. >>became a major league legit >>to gun is going to be a viable in this country. this is not a case that that people are going to the sale of we want to do is stop the inappropriate use in the abuse. the people in end of life paying people through the media...
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family behind purdue pharma the sackler family the waltons are to wal-mart these tacklers are to purdue pharma and p.r. reports that according to the state attorney general's negotiating with the company the talks have stalled because the sackler the rejected a demand they give up 4500000000 of their personal wealth to settle the opium settle claims against the company in an e-mail sent to state attorney general's involved in the lawsuit in the same by n.p.r. north carolina state attorney general josh stein and his counterpart in tennessee herbert slattery predict that purdue will be filing for bankruptcy imminently going on to write that the sackler is refuse to budge and they've declined to offer any counter proposal this is a startling turn when just recently on this very show.
family behind purdue pharma the sackler family the waltons are to wal-mart these tacklers are to purdue pharma and p.r. reports that according to the state attorney general's negotiating with the company the talks have stalled because the sackler the rejected a demand they give up 4500000000 of their personal wealth to settle the opium settle claims against the company in an e-mail sent to state attorney general's involved in the lawsuit in the same by n.p.r. north carolina state attorney...
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n.p.r. as the family behind purdue pharma the sackler family of the waltons are to wal-mart the sac lawyers are to purdue pharma and b. are reports that according to the state attorney general's negotiating with the company the talks have stalled because the stock was a rejected a demand they give up 4500000000 of their personal wealth the settle the opiate they claim settle opioid claims against the company in an e-mail sent to state attorney generals involved in the lawsuit and obtained by n.p.r. north carolina state attorney general josh stein and his counterpart in tennessee herbert slattery predict that purdue will be filing for bankruptcy imminently going on to write that the sackler has refused to budge and they've declined to offer any counter proposal. this is a startling turn when just recently on this very show we discussed one proposed settlement the would have seen the cyclists pay over 3000000000 out of pocket and produced farm report into a structured bankruptcy that could have seen 10 to 12000000000 dollars awarded back to the public over time many experts now feel h
n.p.r. as the family behind purdue pharma the sackler family of the waltons are to wal-mart the sac lawyers are to purdue pharma and b. are reports that according to the state attorney general's negotiating with the company the talks have stalled because the stock was a rejected a demand they give up 4500000000 of their personal wealth the settle the opiate they claim settle opioid claims against the company in an e-mail sent to state attorney generals involved in the lawsuit and obtained by...
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that purdue pharma and other manufacturers from very early on were interested in one thing and that was their bottom line they were really indifferent to the well being of patients who would actually be taking the opioids that they were peddling and their wanted gender was to make money so pilate manufacturers played a major role in the current american hope you would have to demick they were not the sole and to be responsible for the epidemic but without their involvement i highly doubt this epidemic would have come to pass it was their misrepresentation of the risks and benefits of pain killers that led 1st and foremost to an epidemic of overprescribing pain killers for minor and chronic pain conditions which ultimately gave way to the current epidemic of opiate addiction and overdose death . well we have asked purdue pharma for comment and we'll of course bring you any response they give us. in texas shootings in the cities of midland and odessa have left 5 people dead and 21 injured police have confirmed that the gunman has been shot and killed at the synergy cinema in odessa au
that purdue pharma and other manufacturers from very early on were interested in one thing and that was their bottom line they were really indifferent to the well being of patients who would actually be taking the opioids that they were peddling and their wanted gender was to make money so pilate manufacturers played a major role in the current american hope you would have to demick they were not the sole and to be responsible for the epidemic but without their involvement i highly doubt this...
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Sep 17, 2019
09/19
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KNTV
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purdue pharma will be put on hold. the sackler family which owns purdue has been in talks for weeks to settle those cases. days ago purdue pharma reached a tentative settlement with many of the state and local governments suing over the toll of opioids. that deal could be worth up to $12 million. >> it is an upgrade, the fairmont hotel in san jose getting a make over. the lobby, front desk, will be relocated and redone. the fairmont sold last year for $223 million. the new owners want to make the south bay staple more modern. renovations, they say, will take about four months. >> okay. how about this. barack obama boulevard. it might be happening in the south bay. milpitas is considering renaming dixon landing road to barack obama boulevard. the reason, the road leads into the sunny hills community. and that's one of the first integrated neighborhoods in america. >> what's going on in the country itself, it's important to find those persons that are heroes, persons that we can look up to, persons that have done a number of things in this country that we can be proud of. >> okay. so wha
purdue pharma will be put on hold. the sackler family which owns purdue has been in talks for weeks to settle those cases. days ago purdue pharma reached a tentative settlement with many of the state and local governments suing over the toll of opioids. that deal could be worth up to $12 million. >> it is an upgrade, the fairmont hotel in san jose getting a make over. the lobby, front desk, will be relocated and redone. the fairmont sold last year for $223 million. the new owners want to...
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Sep 18, 2019
09/19
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KRON
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second are the nicotine it's not worth it in the end. national news now purdue pharma the maker of oxycontin was in bankruptcy court today. the company is hoping the filing will help settle all the lawsuits. it's facing in connection withhe opioid epidemic. more than 2000 state local and native american governments have filed lawsuits against the company. purdue pharma says that it's planning to set aside 10 billion dollars to address the crisis but some states like pennsylvania and new york a vow not to drop their lawsuits. despite the bankruptcy proceedings. you're not going to frighten us you're not going to intimidate us you're not going to out. >>moyer we're going to make sure that justice is done. >>purdue pharma will continue making its opioid oxycontin for now even while it pursues bankruptcy protection. pittsburgh pirates pitcher vasquez has been arrested and charged with soliciting an under-age girl 4 sacks investigators in florida say they found out last month that vasquez had a reported sexually relationship with a 13 year-old they say the alleged victim who is now 15 c
second are the nicotine it's not worth it in the end. national news now purdue pharma the maker of oxycontin was in bankruptcy court today. the company is hoping the filing will help settle all the lawsuits. it's facing in connection withhe opioid epidemic. more than 2000 state local and native american governments have filed lawsuits against the company. purdue pharma says that it's planning to set aside 10 billion dollars to address the crisis but some states like pennsylvania and new york a...
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Sep 16, 2019
09/19
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WTTG
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protection. the filing by purdue pharma comes just days after reaching a tentative $12 billion tsettlement with many of state and local governments suing the comny over the to of ooids. purdue. >> new rules concerning vaping and children. council membe say the goal iso (no audio) (noudio) funeptember 16. mike thomas give us an updateea on the wer. >> you got it. we're going to pick up where we left off on sunday. temperatures back into the 90's. we hit 90 degrees here in d.c. yesterday but guess what? changes on the way for the here are youreather headlines for the next few lots of sunshine coming your way this week. we'llom have s clouds today. we'll have a few tomorrow, too, although the sun will brk through in plenty of spots as we work through those afternoon hours. as we getowards the middle part of this week, tre we go, starting off again hot bute as w get towards the middle part ofhis week a much more fall-like pattern will settle inhort term. we heat things back up next weekend. we get a t break fromhe heat wednesday, thursday and friday. honestly despite the sunshinic always being
protection. the filing by purdue pharma comes just days after reaching a tentative $12 billion tsettlement with many of state and local governments suing the comny over the to of ooids. purdue. >> new rules concerning vaping and children. council membe say the goal iso (no audio) (noudio) funeptember 16. mike thomas give us an updateea on the wer. >> you got it. we're going to pick up where we left off on sunday. temperatures back into the 90's. we hit 90 degrees here in d.c....
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impasse. state attorneys general handling negotiations with purdue pharma said the company's owners have rejected two settlement offers and declined to offer counterproposals. as a result the attorneys expect the company to file for bankruptcy. a spokesperson for purdue pharma declined to comment. the breakdown of negotiations puts the first federal trial over the opioid epidemic on track to begin next month. >>> now to the latest on the growing number of mysterious deaths and hospitalizations linked to vaping. >> health officials now say at least five people have died from vaping-related illnesses and the cdc is issuing a serious warning. here's abc reporter mona kosar abdi. >> reporter: an urgent warning from federal and state health officials. we join with the centers for disease control to advise people to stop vaping now. >> reporter: the cdc investigating a major outbreak of a mysterious lung illness. 450 possible cases so far reported in 33 states. the number of vaping-related deaths rising to at least five. >> this is really impacting very vulnerable populations. we really e
impasse. state attorneys general handling negotiations with purdue pharma said the company's owners have rejected two settlement offers and declined to offer counterproposals. as a result the attorneys expect the company to file for bankruptcy. a spokesperson for purdue pharma declined to comment. the breakdown of negotiations puts the first federal trial over the opioid epidemic on track to begin next month. >>> now to the latest on the growing number of mysterious deaths and...
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Sep 12, 2019
09/19
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KTVU
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rise as search crews continue to work through the ruins. >>> purdue pharma, the company that makes oxycontin, has reached a settlement with thousands of local governments in a class action lawsuit stemming from the opioid crisis. details of the deal were not released, but it reportedly involves an estimated $12 million payout, and would require the family that owns the company to give up control. among other claims, the lawsuit alleges purdue ruthlessly marketed and misled the public about oxycontin, there are still a number of other large lawsuits pending against purdue pharma. >>> general motors announced a major recall of more than 3.5 million trucks and suvs. the models affected include the 2014 through 2018 chevy silverado and gmc sierra pickups, as well as the 2015 to 2017 cadillac escalade. gm says those hicles could have a faulty brake pump that may increase your risk of getting into a collision. owners are urged to check with the dealership where they will receive a fix at no charge. >>> another side of the times for a struggling retailer. game stop says it's going to clos
rise as search crews continue to work through the ruins. >>> purdue pharma, the company that makes oxycontin, has reached a settlement with thousands of local governments in a class action lawsuit stemming from the opioid crisis. details of the deal were not released, but it reportedly involves an estimated $12 million payout, and would require the family that owns the company to give up control. among other claims, the lawsuit alleges purdue ruthlessly marketed and misled the public...
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accusations that joint corporation caused america's biggest drug epidemic we reached out to purdue pharma for comment and we weigh the response of the less the company admits people affected should seek help as soon as possible. wild bird you farmer is prepared to defend itself vigorously in the obviously it's a geisha in the company has made clear that it sees little good coming from years to waste food to geisha in appeals to people and communities affected by the opiate crisis need help now in the late 1990 s. prescriptions for painkillers were made readily available as pharmaceutical companies assured doctors their patients would not become addicts but it quickly became clear many people were becoming dependent with deaths from opioid overdoses reaching a record high of 42000 in the year 26 thing. and the following year the government declared a public health emergency currently an estimated 130 americans die every day as a result of opioid medicine abuse the health crisis is also placing a huge strain on the u.s. economy and reportedly encouraging higher rates of heroin use addiction spe
accusations that joint corporation caused america's biggest drug epidemic we reached out to purdue pharma for comment and we weigh the response of the less the company admits people affected should seek help as soon as possible. wild bird you farmer is prepared to defend itself vigorously in the obviously it's a geisha in the company has made clear that it sees little good coming from years to waste food to geisha in appeals to people and communities affected by the opiate crisis need help now...
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Sep 11, 2019
09/19
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KPIX
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both nicotine and marijuana. >>> drugmaker purdue pharma has reportedly given plaintiffs a deadline of today to accept a deal stemming from the opioid crisis, or the company will file for bankruptcy. thousands of lawsuits accuse the drugmaker of fueling the opioid crisis. cbs news has learned members of the sackler family who own purdue say they are willing to give up ownership of the company and pay an additional $3 billion to $4.5 billion from their personal wealth. >>> new england -- oakland raiders just look week and agreed to a contract with new england over the weekend but has yet to play for the team. the patriots say in part, we take these allegations for seriously. under no circumstances does this organization condone sexual violence or assault. >>> a school bus driver is dead and seven children were injured after a violent crash in northern mississippi. this was the scene yesterday morning in benton county. the bus ended up rolling over on the side of the road. mississippi highway patrol say it's unclear what caused the crash. officials say the 63-year-old driver likely su
both nicotine and marijuana. >>> drugmaker purdue pharma has reportedly given plaintiffs a deadline of today to accept a deal stemming from the opioid crisis, or the company will file for bankruptcy. thousands of lawsuits accuse the drugmaker of fueling the opioid crisis. cbs news has learned members of the sackler family who own purdue say they are willing to give up ownership of the company and pay an additional $3 billion to $4.5 billion from their personal wealth. >>> new...
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. we will see you later. thank you. >> sure thing. >>> breaking overnight, oxycontin maker purdue pharma, the company accused of fueling the opioid epidemic, has filed for bankrutcy. it comes days after the company reached a tentative $12 billion settlement with many of the state and local governments suing it. the bankruptcy filing was anticipated. more than 2,500 lawsuits were filed against purdue. about half the states have not signed on to the settlement. several plan to object it -- to it, rather, in bankruptcy court. >>> supreme court justice brett kavanaugh is at the center of another political controversy involving alleged sexual misconduct. "the new york times" reported that a former yale classmate of kavanaugh's tried to tip off senators and the fbi last year, but the agency did not investigate. kavanaugh was confirmed last october after senate hearings over a sexual assault allegation from high school. democratic candidates elizabeth warren and kamala harris were among those saying kavanaugh should be impeached following the report. senator amy klobuchar stopped short o
. we will see you later. thank you. >> sure thing. >>> breaking overnight, oxycontin maker purdue pharma, the company accused of fueling the opioid epidemic, has filed for bankrutcy. it comes days after the company reached a tentative $12 billion settlement with many of the state and local governments suing it. the bankruptcy filing was anticipated. more than 2,500 lawsuits were filed against purdue. about half the states have not signed on to the settlement. several plan to...
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including how batteries and electronics were stored and charged. >>> oxycontin maker purdue pharma has reached a tentative settlement over its role in the nation's opioid crisis. members of the sackler family who own the company have offered $3 billion plus a portion of future revenue from drug sales as part of the settlement. so far lawyers for some 2,000 local governments and more than 20 state have signed on, but many states have not agreed to the settlement. >>> coming up on the morning news now, a triple crown winner is facing new drug allegations. >>> and who owns the word "the?" why ohio state wants to trademark it. owns the word "" ", why ohio state wants to trademark it. is that net carbs or total?... eh, not enough fiber... chocolate would be good... snacking should be sweet and simple. the delicious taste of glucerna gives you the sweetness you crave while helping you manage your blood sugar. glucerna. everyday progress dealing with psoriatic arthritis pain was so frustrating. ♪ kin... it was embarras. my joints... they hurt. the pain and swelling. the tenderness. the psor
including how batteries and electronics were stored and charged. >>> oxycontin maker purdue pharma has reached a tentative settlement over its role in the nation's opioid crisis. members of the sackler family who own the company have offered $3 billion plus a portion of future revenue from drug sales as part of the settlement. so far lawyers for some 2,000 local governments and more than 20 state have signed on, but many states have not agreed to the settlement. >>> coming up...
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, according to the cdc and health agencies. >>> meantime, purdue pharma, maker of oxycontin, has asked a bankruptcy judge to halt more than 2,600 lawsuits against it for roughly nine months. the suits allege the company and its owners, members of the sackler family, helped fuel the nation's opioid epidemic. the pharmaceutical giant filed for bankruptcy on sunday after agreeing to a more than $10 million settlement deal with states and local governments that brought the bulk of cases. >>> and alexa is getting political. amazon's virtual assistant is gearing up for the 2020 u.s. presidential election. the company says alexa will provide users with information on polls, ballots, results, and more. candidates may also benefit. starting today they can sign up to receive campaign contributions. next month users will be able to donate up to $200 to a candidate by simply telling alexa who they want to send money to. >> it's a brilliant idea. if only you could vote through alexa, we'd probably have 100% compliance. >> it's wild. hey, alexa, who's the 2020 president? >> i know. maybe one d
, according to the cdc and health agencies. >>> meantime, purdue pharma, maker of oxycontin, has asked a bankruptcy judge to halt more than 2,600 lawsuits against it for roughly nine months. the suits allege the company and its owners, members of the sackler family, helped fuel the nation's opioid epidemic. the pharmaceutical giant filed for bankruptcy on sunday after agreeing to a more than $10 million settlement deal with states and local governments that brought the bulk of cases....
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Sep 17, 2019
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news, detroit. >>> there is a major development tonight in the nation's deadly opioid crisis. purdue pharma the maker of oxy co oxycontin filed for bankruptcy to force a settlement on 2,000 lawsuits kate snow reports. >> reporter: with the bankruptcy filing lawsuits against purdue will be put on hold. the first step toward what the company and owners, the sacklers call a $10 billion settlement. but today, resistance. >> this proposed deal isn't worth nearly what they it doesn't require sacklers to pay back a dime of the billions of dollars they sucked oupurdue >> reporter: the massachusetts attorney general, one of 25 that reject the idea of settling with perdue on the other side, 29 attorneys general who support the deal including states like ohio and west virginia where opioids flooded in purdue's chairman chose not to spend all their money battling lawsuits. >> we think the best answer is put the company on the table, have a settlement so that all of the value can as soon as possible go to the unfortunate victims of the opioid crisis. >> reporter: on friday, new york's attorney ge
news, detroit. >>> there is a major development tonight in the nation's deadly opioid crisis. purdue pharma the maker of oxy co oxycontin filed for bankruptcy to force a settlement on 2,000 lawsuits kate snow reports. >> reporter: with the bankruptcy filing lawsuits against purdue will be put on hold. the first step toward what the company and owners, the sacklers call a $10 billion settlement. but today, resistance. >> this proposed deal isn't worth nearly what they it...
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of dollars for their role in the opioid crisis. purdue pharma has reached a deal with thousands of state and local governments. the drugmaker is owned by the prominent secular family which will pay up to 4 1/2 billion dollars as part of the agreement. purdue would file for chapter 11 bankruptcy. in addition to paying billions the secular family could also have to give up control of the company but will not have to admit to any wrongdoing. >>> new video to show you of a bold theft caught on camera. the victim an elderly shopper at walnut creek safeway. a female suspect waiting to reach into the victims purse her wallet. you see a second woman presumably a lookout walk away with the first woman. the crime happened monday evening around 5:30 pm. it is unclear whether the victim was targeted because of her age. >>> i understand the public outrage for this client. anytime we have a victim there is obviously outrage. especially when the victim is one of our some senior members of our community. >>> the older people are slower. they are trusting. . that is what happens. >>> a better shot
of dollars for their role in the opioid crisis. purdue pharma has reached a deal with thousands of state and local governments. the drugmaker is owned by the prominent secular family which will pay up to 4 1/2 billion dollars as part of the agreement. purdue would file for chapter 11 bankruptcy. in addition to paying billions the secular family could also have to give up control of the company but will not have to admit to any wrongdoing. >>> new video to show you of a bold theft...
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news broke several weeks ago on the negotiations between cities and states suing purdue pharma the biggest opioid producer in the country. tonight news of a tentative deal that is drawing plenty of opposition here is nbc tom costello. >> reporter: tonight, thousands of cities and roughly two dozen states have signed on to a deal that would have opioid giant purdue pharmaceuticals paying up to $12 billion as the company reorganizes under chapter 11 and turns itself into a for-profit trust, with profits going directly to the plaintiffs, but almost half the states are not on board, arguing the deal doesn't go far enough to hold purdue or the sackler family, the owners and one of the nation's richest families, fully responsible for the thousands of deaths linked to the opioid crisis. the connecticut attorney general saying the scope and scale of the pain, death and destruction that purdue and the sacklers have caused far exceeds anything offered thus far the challenge, purdue threatened to declare bankruptcy if the offer isn't accepted leading to less money for the states. >> 400,000 a
news broke several weeks ago on the negotiations between cities and states suing purdue pharma the biggest opioid producer in the country. tonight news of a tentative deal that is drawing plenty of opposition here is nbc tom costello. >> reporter: tonight, thousands of cities and roughly two dozen states have signed on to a deal that would have opioid giant purdue pharmaceuticals paying up to $12 billion as the company reorganizes under chapter 11 and turns itself into a for-profit...
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today. the filing by purdue pharma comes just ten days after reaching a settlement. suing the company over the toll of opioids. the filing was anticipated today and after they were struck. the deal could be worth up to $12 billion. purdue's bankruptcy filing means it will be removed from the first federal opioid trial scheduled to start in cleveland on october 21. >>> and students and teachers at pairing county public high schools are being trained to help save lives. starting tomorrow the medical services agency will distribute 600 stop the bleed kits to classrooms. those kits include tourniquets, bandages, and other supplies to prevent injuries. student wills be trained to use the supplies later in the school year. >>> in santa rosa, police are searching for two teenage boys in connection to ipad thefts at a school. police say the teens broke into a kindergarten class at sequoia elementary school and stole four ipads. police say the burglary happened shortly before noon yesterday while the school was closed. and several soccer games were taking place at the time and people o
today. the filing by purdue pharma comes just ten days after reaching a settlement. suing the company over the toll of opioids. the filing was anticipated today and after they were struck. the deal could be worth up to $12 billion. purdue's bankruptcy filing means it will be removed from the first federal opioid trial scheduled to start in cleveland on october 21. >>> and students and teachers at pairing county public high schools are being trained to help save lives. starting...
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america's lawyer she's on hand to break down purdue pharma the declaration and what it could mean going forward for the fight over who will pay for the opioid prices and how much grieving families will get. plus a little price and caught up on the news of a drone attack on saudi oil facilities horwitz about the trading of standing by to begin to oil prices and whether the incidence of the $1.00 off or the start of a trend a lot. of love with happened with and facebook getting regulators around the world to set up a little straighter in their chair and actually pay attention to the space. as the current currencies continue to disrupt the payments space governments are waking up to the risks christiane managed to catch up with matthew walker to get his view on the future of regulation in the thin tech space so much content to fit in just 27 minutes can we do it just watch let's go to the 1st strike in more than 10 years by the.
america's lawyer she's on hand to break down purdue pharma the declaration and what it could mean going forward for the fight over who will pay for the opioid prices and how much grieving families will get. plus a little price and caught up on the news of a drone attack on saudi oil facilities horwitz about the trading of standing by to begin to oil prices and whether the incidence of the $1.00 off or the start of a trend a lot. of love with happened with and facebook getting regulators around...
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last few weeks in the search for justice against purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy talk watchers well now my friends finally finally it is a bestial we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield itself and its owners for more than 2600 federal and state lawsuits after voting on sunday to agree to the settlement in chapter 11 steve miller now out of the band the chairman or.
last few weeks in the search for justice against purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy talk watchers well now my friends finally finally it is a bestial we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield...
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molly varos contributor to american lawyer was on hand to break down purdue pharma declaration and what it could mean going forward for the fight over who will pay for the opioid prices and how much grieving families will get. plus oil prices and shot up on the news of a drone attack on saudi oil facilities podhoretz above a trading is standing by to begin to oil prices and whether the incidence of the one off or the start of a trend. i love what happened with in facebook getting regulators around the world to set up a.
molly varos contributor to american lawyer was on hand to break down purdue pharma declaration and what it could mean going forward for the fight over who will pay for the opioid prices and how much grieving families will get. plus oil prices and shot up on the news of a drone attack on saudi oil facilities podhoretz above a trading is standing by to begin to oil prices and whether the incidence of the one off or the start of a trend. i love what happened with in facebook getting regulators...
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turns over the last few weeks in the search for justice against purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy talk watchers well now my friends finally finally it is a special we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield itself and its owners for more than 2600 federal and state lawsuits. after voting on sunday to agree to the settlement in chapter 11 steve miller now out of the band the chairman of producers board of directors told the media quote this settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation and instead will provide billions of dollars in critical resources to communities across the country trying to cope with the opioid crisis. better late than never stevie better late than never oh and speaking of billions it appears that a 1000000000
turns over the last few weeks in the search for justice against purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy talk watchers well now my friends finally finally it is a special we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's...
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purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy arc watchers well now my friends finally finally it is a bit shall we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield itself and its owners from more than 2600 bedroom.
purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy arc watchers well now my friends finally finally it is a bit shall we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield itself and its owners from more than 2600 bedroom.