OxyContin Maker Purdue Pharma LP Said to be Brokering Plea Deal in Criminal Probe

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OxyContin maker said to be brokering plea deal in criminal probe:

Purdue Pharma LP, the OxyContin maker controlled by members of the wealthy Sackler family, is nearing an agreement to plead guilty to criminal charges as part of a broader deal to resolve United States Justice Department probes into its alleged role in fuelling the nation's opioid crisis, six people familiar with the matter said.

Purdue lawyers and federal prosecutors are brokering a plea deal that could be unveiled as quickly as within the next two weeks and include billions of dollars of financial penalties, four of the people said. They stressed that talks are fluid and that some of the terms could change as discussions continue.

In addition to the criminal case, US prosecutors are negotiating a settlement of civil claims also carrying a financial penalty that allege unlawful conduct in Purdue's handling of prescription painkillers, they said.

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