Opioid-maker Purdue Pharma is allowed bonus payout in bankruptcy case
Posted on AllSides September 20th, 2019
From The Left
(CNN)The judge overseeing the bankruptcy case for opioid-maker Purdue Pharma issued an interim order late Wednesday allowing the company and its subsidiaries to continue paying its employees, former employees and retirees.
The company estimates it will pay about $26 million in wages and benefits, including bonuses. The pharmaceutical giant and maker of the painkiller Oxycontin filed for bankruptcy as part of its plan to settle the litigation brought by more than 2,000 counties, municipalities and Native American governments who say the company fueled the opioid crisis.
Purdue Pharma's long-standing...