Event

Purdue Pharma guilty plea (2020)

Purdue Pharma pleaded guilty to three federal felonies in Newark on 24 November 2020.

5 links, 5 backed by primary records

Connections 5

Purdue Pharma pleaded guilty to three felonies Primary record 1
U.S. District Court for the District of New Jersey court that took the plea Primary record 1
Newark, New Jersey where the plea was entered Primary record 1
U.S. Department of Justice prosecuted and announced the plea; Connecticut’s attorney general called the deal “a mere mirage of justice” Primary record 1 2
U.S. Bankruptcy Court, Southern District of New York approved the financial terms of the resolution on 17 November 2020; IndustryWeek: it is unlikely that all of the fine will be collected Primary record 1 3

Timeline 1 date

Proof 3 sources

Opioid Manufacturer Purdue Pharma Pleads Guilty to Fraud and Kickback Conspiracies, U.S. Department of Justice, 24 Nov 2020. Primary record Archived copy
Purdue pleaded guilty to an information charging it with three felony offenses: one count of dual-object conspiracy to defraud the United States and to violate the Food, Drug, and Cosmetic Act, and two counts of conspiracy to violate the Federal Anti-Kickback Statute.
Opioid manufacturer Purdue Pharma LP (Purdue) pleaded guilty today in federal court in Newark, New Jersey, to conspiracies to defraud the United States and violate the anti-kickback statute.
Purdue agreed to the imposition of the largest penalties ever levied against a pharmaceutical manufacturer, including a criminal fine of $3.544 billion and an additional $2 billion in criminal forfeiture.
On Nov. 17, 2020, the bankruptcy court in the Southern District of New York approved the financial terms of the global resolution with the company.
AG William Tong: $8.3B Purdue Pharma settlement is “unacceptable”, Connecticut Public, 21 Oct 2020. Scholarship & press
This settlement provides a mere mirage of justice for the victims of Purdue’s callous misconduct
Purdue Pharma Pleads Guilty to 3 Criminal Charges, Will Pay $8 Billion, IndustryWeek, 21 Oct 2020. Scholarship & press
Because the $3.544 billion is part of Purdue’s bankruptcy proceedings, though, it’s unlikely that all of that money will be collected by the government.

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