Appears that they still need to iron out details next week.
Srinivasa Rao (Paid)
Posts (138)
Good to see things are cooling off and a deal will come soon. The discussion is all about how to distribute money.....
Added 9k
Added 10k shares.
If it was refused to file they should have made such announcement immediately. I think agency would take full 60 days to provide an action
It looks like the big ones have settled. I am assuming they will make announcements tomorrow. With this the small players like endp,mnk should cut a deal soon.
It has also achieved an agreement in principle with Attorneys General from North Carolina, Pennsylvania, Tennessee and Texas, as well as certain defendants, for a global settlement framework. Under this agreement, the company would donate $23B (wholesale value) of Suboxone over the next 10 years plus up to $250M in cash over the same time frame.
Principally, many attorneys are aligned for a global settlement
Picked the below from Teva board