Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Mike 03

(16,616 posts)
Tue Nov 24, 2020, 02:17 PM Nov 2020

OxyContin maker Purdue Pharma pleads guilty in criminal case (A.P.)

Associated Press via WOWK 13

by: Geoff Mulvihill, Associated Press

Posted: Nov 24, 2020 / 01:08 PM EST / Updated: Nov 24, 2020 / 01:08 PM EST

NEWARK, NJ (AP) – OxyContin maker Purdue Pharma has pleaded guilty to criminal charges and formally admitted its role in the opioid crisis.

Tuesday’s plea before a judge in Newark, New Jersey, is part of a larger settlement with the U.S Department of Justice that also includes resolving civil claims.

The Stamford, Connecticut-based company is to pay $225 million as part of the deal, while $8 billion in forfeitures and penalties could be waived because of a proposed deal to resolve thousands of other lawsuits.

Advocates are upset that the guilty plea applies only to the company and not executives or members of the Sackler family who own it.


Short article, no more at link: https://www.wowktv.com/news/u-s-world/oxycontin-maker-purdue-pharma-pleads-guilty-in-criminal-case/

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
OxyContin maker Purdue Pharma pleads guilty in criminal case (A.P.) (Original Post) Mike 03 Nov 2020 OP
It is total horseshit that our system prosecutes corporate persons for criminal offenses but not RockRaven Nov 2020 #1
If corporations are people, my friend, why doesn't this corporation go to jail? Midnight Writer Nov 2020 #2

RockRaven

(14,912 posts)
1. It is total horseshit that our system prosecutes corporate persons for criminal offenses but not
Tue Nov 24, 2020, 02:28 PM
Nov 2020

the human persons who took the actions and made the decisions.

But of course it is like that, the system is rigged by the rich for the rich.

Midnight Writer

(21,719 posts)
2. If corporations are people, my friend, why doesn't this corporation go to jail?
Tue Nov 24, 2020, 03:20 PM
Nov 2020

Can I put together a "corporation", have my corporation rob a bank, then pay a modest fine and go on my way to enjoy my ill gotten gains?

Latest Discussions»General Discussion»OxyContin maker Purdue Ph...