World News: 19:22 GMT Thursday 29th August 2019. [Yahoo Business News Feed via SPi World News]
A settlement being pursued by the maker of OxyContin aims to resolve all claims against the company filed in both state and federal court. The proposal also provides a formula for dividing settlement money among states and local governments. A person familiar with the talks but not authorized to discuss them publicly tells The Associated Press the proposal is being floated by lawyers for Stamford, Connecticut-based Purdue Pharma and the controlling Sackler family.
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