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Judge greenlights Purdue-Sackler family’s $7B opioid settlement, opening door to payments for victims

A federal bankruptcy judge said he will approve Purdue Pharma’s revised $7 billion opioid settlement, a deal that would require the Sackler family to give up ownership of the company and contribute billions to governments and victims. The ruling could close a major chapter in nationwide litigation over an opioid crisis tied to more than 900,000 U.S. deaths since 1999.

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