Purdue pleaded guilty to three criminal charges as part of a sweeping settlement with the U.S. Department of Justice.The company agreed to pay more than $8 billion in forfeitures and penalties, while members of the Sackler family would have to pay $225 million to the government.
No family member would be criminally prosecuted under the Justice Department settlement, although the deal leaves open that possibility.The settlement requires the company to hand over just $225 million of the $8 billion total to the government as long as Purdue makes good on plans to settle thousands of lawsuits filed by state and local governments, a matter that is now in bankruptcy court.