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Purdue Pharma files for bankruptcy as part of settlement; CT, NY...

The families of late Purdue Pharma owners Mortimer and Raymond Sackler said they have “deep compassion for the victims of the opioid crisis” and believe the settlement “is an historic step toward providing critical resources that address a tragic public health situation.”

Embattled Purdue Pharma names Steve Miller as chairman

The Stamford-based firm also named Marc Kesselman, once general counsel of the U.S. Department of Agriculture, as senior vice president and general counsel.