Law firms representing Purdue Pharma to pay U.S. $1 million - U.S. Justice Department

FILE PHOTO: Bottles of prescription painkiller OxyContin, 40mg pills, made by Purdue Pharma L.D. sit on a shelf at a local pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File Photo

(Corrects spelling of company in first paragraph)

WASHINGTON (Reuters) – Law firms representing opioid maker Purdue Pharma in the company’s bankruptcy will relinquish $1 million in a settlement with the U.S. Department of Justice’s trustee program, the department said in a statement on Thursday.

The settlement must still be approved the Bankruptcy Court for the Southern District of New York, the department said.

(This story corrects spelling of company in first paragraph)

Source: Read Full Article