Posted: 9/16/2019 Updated: 9/18/2019
The company was up against two thousand lawsuits; was accused of triggering a nationwide epidemic of opioid addiction crisis; was pursued by government shakedowns of this business and so on.
Why don’t we blame those customers of Purdue Pharma when they were consuming too much Oxycontin and became addicted? Many of these customers were not innocent or ignorant, they were irresponsible! To call them victims, is outrageous is most cases!
Did the states involved here follow the playbook of the other great government shakedown of businesses, i.e. Tobacco Master Settlement Agreement of 1998 (S2)? I would not be the least surprised!
I guess, the company, facing such an onslaught, made the right decision to file for chapter 11 bankruptcy protection! Bravo!
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