Articles by Nate Raymond

States Suing Purdue Pharma Claim Sacklers Drew $13 Billion Profit from OxyContin

OxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company’s controlling Sackler family, according to U.S. states opposing efforts to halt lawsuits alleging the company and its owners helped fuel the U.S. opioid epidemic. The …

Major J&J Opioid Ruling Expected Monday Out of Oklahoma

An Oklahoma judge will rule on Monday on whether Johnson & Johnson should be held liable in a lawsuit by the state’s attorney general who argues the drugmaker should be forced to pay $17 billion for fueling the opioid epidemic. …

Judge Leans in Favor of Broad Opioid Settlement Opposed by Municipalities, Drug Firms

A federal judge on Tuesday expressed support for a novel plan by lawyers representing cities and counties suing drug companies over the U.S. opioid epidemic that would bring every community nationally into their settlement talks despite objections from most states. …

Gun Maker Appeals to Supreme Court Over Liability for Sandy Hook

The maker of the assault-style rifle used in the 2012 mass shooting at a Newtown, Connecticut, school asked the U.S. Supreme Court on Thursday to overturn a court ruling that allowed families of the victims to sue the company over …

Closely-Watched Oklahoma Public Nuisance Case Over Opioids Now in Judge’s Hands

Oklahoma’s attorney general on Wednesday made his final bid to force Johnson & Johnson to pay $17 billion for its part in fueling the opioid epidemic, saying the drugmaker’s “egregious” marketing caused an oversupply of addictive drugs and overdose deaths. …

NiSource Settles Massachusetts Gas Explosion Lawsuits for $143M

Utility operator NiSource Inc on Monday said it will pay $143 million to resolve class action lawsuits brought by residents and businesses that suffered losses caused by a series of gas explosions in three Massachusetts communities last year. NiSource and …

U.S. Criminally Charges Ohio Opioid Distributor with Profiting from Epidemic

An Ohio drug wholesale distributor and two former executives on Thursday were charged with profiting from the U.S. opioid epidemic by selling millions of pills despite signs the addictive drugs were being misused. Federal prosecutors in Cincinnati charged Miami-Luken Inc. …

Oklahoma, J&J Wrapping Up First Trial Over Opioid Crisis

Oklahoma’s attorney general is expected to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling the U.S. opioid epidemic, as the first trial in nationwide litigation over the drug crisis comes to …

Court Halts Trump Plan to Require Drug Prices in TV Ads

A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule that would have forced pharmaceutical companies to include the wholesale prices of their drugs in television advertising. U.S. District Judge Amit Mehta …

How Insys Bankruptcy Case Could Alter Fate of Thousands of Opioid Lawsuits

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company can use a bankruptcy to stop lawsuits from cities and states? U.S. …