XPost: alt.drugdealers, alt.drugs.narcotics, alt.politics.obama
XPost: sac.politics, alt.politics.republicans, alt.fan.rush-limbaugh
From: democrat-criminals@mail.house.gov

https://www.nbcnews.com/business/business-news/oxycontin-maker-purdue- pharma-pleads-guilty-criminal-charges-n1248837

Purdue Pharma pleaded guilty to criminal charges over the handling of its addictive prescription painkiller OxyContin, capping a deal with federal prosecutors to resolve an investigation into the drugmaker’s role in the
U.S. opioid crisis.

During a court hearing conducted remotely on Tuesday before U.S. District
Judge Madeline Cox Arleo in New Jersey, Purdue pleaded guilty to three
felonies covering widespread misconduct.

The criminal violations included conspiring to defraud U.S. officials and
pay illegal kickbacks to both doctors and an electronic health care
records vendor, all to help keep medically dubious opioid prescriptions flowing.

Members of the billionaire Sackler family who own Purdue were not part of Tuesday’s court proceedings and have not been criminally charged. They
agreed in October to pay a separate $225 million civil penalty for
allegedly causing false claims for OxyContin to be made to government
health care programs such as Medicare. They have denied the allegations.

Purdue Chairman Steve Miller entered the guilty plea on the company’s
behalf and admitted to its criminal conduct under questioning from
Assistant U.S. Attorney J. Stephen Ferketic. Of the three criminal counts against Purdue, two were for violations of a federal anti-kickback law
while another charged the Stamford, Connecticut-based company with
defrauding the U.S. and violating the Food, Drug and Cosmetic Act.

Purdue’s plea deal carries more than $6.5 billion in penalties, most of
which will go unpaid. A $3.54 billion criminal fine is set to be
considered alongside trillions of dollars in unsecured claims as part of Purdue’s bankruptcy proceedings.

Purdue agreed to pay $225 million toward a $2 billion criminal forfeiture, meanwhile, with the Justice Department forgoing the rest if the company completes a bankruptcy reorganization dissolving itself and shifting
assets to a “public benefit company” or similar entity that steers the
$1.775 billion unpaid portion to thousands of U.S. communities suing it
over the opioid crisis.

A sentencing imposing those penalties is set to come down the line, near
the time Purdue receives court approval for a bankruptcy reorganization.



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Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
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Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
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President Trump boosted the economy, reduced illegal invasions, appointed dozens of judges and three SCOTUS justices.

--- SoupGate-Win32 v1.05
* Origin: www.darkrealms.ca (1:229/2)