Opioid Settlement Loans

Following The Opioid Lawsuits and Opioid Settlement Proceedings

TriMark Legal Funding is tracking the latest developments in the opioid litigation

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Call and speak with one of our funding experts today.

How Did We Get Here?

A lot has been written about Purdue Pharma, the Sackler family, Oxycontin, and the progression of the opioid epidemic over the last two decades.

Not least among them is an insightful 3-part series by Drugwatch about Big Pharma’s ‘prescription addiction‘. Also noteworthy is this guide to opioid litigation.

The crisis is by no means in the rear-view mirror yet, and yet it has become clear how it started, the conditions that facilitated it, and how and why it was allowed to go on for so long.

Like all record-breaking pharmaceutical catastrophes in the last 75+ years, the opioid epidemic was the entirely predictable result of unbridled greed.

It was conceived in the minds of criminals who had no compunction whatsoever about trading the lives and misery of, literally, tens of millions of people in exchange for tens of billions of dollars in profits.

It was allowed to persist because of manipulation and gross failures within the Food and Drug Administration (FDA).

It was fueled by a “trough mentality”; unconscionable levels of greed and apathy that started with Purdue Pharma, Oxycontin’s manufacturer, and was turbocharged by McKinsey & Company, the world‚Äôs most prestigious management-consulting firm.

Huge pharmaceutical companies like Johnson & Johnson, distributors, and big pharmacy chains like Walgreens, CVS, Walmart and Rite-Aid fed the epidemic by willfully ignoring obvious warning signs.

Where Is It All Heading?

After creating enough death and destruction, big pharmaceuticals always get caught.

When they do, they go through the motions of making amends, throw as little money at the problem as possible, and discuss takeaways for how to prevent the next disaster.

Cost estimates for remediating the opioid epidemic are currently around $483 billion.

Indiana filed suit and so did other states. McKinsey, the consulting firm that guided Purdue’s marketing efforts, bought themselves a $600 million lifeboat when they settled with 47 state’s Attorney’s General.

The Sackler’s despised the idea of thousands of individual settlements and tried to block allegations from becoming public, and pushed for a global settlement.

Thousands of lawsuits were consolidated into a multidistrict litigation (MDL) and Judge Dan Aaron Polster of the Northern District of Ohio was tapped to oversee the mammoth litigation and things started heading for trial.

In an apparent first, drug company executives actually went on trial and settlement discussions began.

The Sackler family withdrew over $12 billion from Purdue over 13 years. When the hammer fell, the Sacklers transferred $1.36 billion offshore to Swiss bank accounts.

Then they ran for the exits by declaring bankruptcy, even as billions of dollars languished in offshore banks. The move effectively shielded the Sackler’s personal wealth from the Purdue bankruptcy filing.

The Sackler’s negotiated a sweetheart deal that infuriated virtually everyone because they escaped personal and criminal responsibility.

Recently, however, a judge overturned the settlement because it protected the family.

Legal Funding Faq

Opioids Lawsuit Settlement FAQ

Have Questions?
Call and speak with one of our funding experts today.

How Lawsuit Loans Work

TriMark Legal Funding specializes in helping personal injury accident victims.
Our non-recourse legal funding is a simple 3-step process:

1. Apply for Funding

You can either apply online or call us toll-free at (877) 932-2628. We’ll answer all of your questions and gather some basic facts about your case.

2. Review & Approval

Our team will work directly with your attorney to review your case. Approvals can happen as quickly as 1 hour after receipt of all required information.

3. Receive Cash

A funding agreement is sent via DocuSign. After signed copies are returned, your cash is sent to you by wire transfer or FedEx Overnight.

Apply For Lawsuit Funding Now

Lawsuit Funding Faq Apply Now

Lawsuit cash advances are not currently available on any opioid-related litigation or settlements. TriMark is monitoring the progress of settlement discussions and will update this page if or when it becomes possible to offer funding.

Latest Developments in the Opioid Settlement Litigation…

McKinsey & Company, the consultant to blue-chip corporations and governments around the world, has agreed to pay nearly $600 million to settle investigations into its role in helping ‚Äúturbocharge‚ÄĚ opioid sales, a rare instance of it being held publicly accountable for its work with clients. The firm has reached a $573 million agreement with attorneys general in 47 states, the District of Columbia and five territories, according to a court filing in Massachusetts on Thursday. Separate deals were announced in Washington State, for $13 million, and in West Virginia, for $10 million. Nevada, not party to the agreements, will continue to pursue its opioid investigation, according to the attorney general‚Äôs office. The settlements come after lawsuits unearthed a trove of documents showing how McKinsey worked to drive sales of Purdue Pharma‚Äôs OxyContin painkiller amid an opioid crisis in the United States that has contributed to the deaths of more than… Read more
Four large pharmacy chains are set to face their first trial over the deadly U.S. opioid epidemic, creating new pressure to reach settlements with state and local governments who accuse them of contributing to the public health crisis. The Ohio counties of Lake and Trumbull allege that oversight failures at pharmacies run by Walgreens Boots Alliance Inc, CVS Health Corp, Walmart Inc and Giant Eagle Inc led to excessive amounts of opioid pills in their communities. Lawyers for the counties and companies are set to deliver opening statements on Monday to a federal jury in Cleveland, where thousands of similar lawsuits against pharmaceutical companies, drug distributors and pharmacies are pending. More than 3,300 cases have been brought largely by state and local governments seeking to hold the companies responsible for an opioid abuse epidemic that U.S. government data shows led to nearly 500,000 overdose deaths from 1999 to 2019…. Read more
7 Key Details As Pharmacy Giants Head To 1st Opioid Trial¬†¬†Law360… Read more
Endo's Attys In 'Career-Wrecking' Peril As Opioid Woes Grow¬†¬†Law360… Read more
Rite Aid Corp affiliates have settled claims by two Ohio counties that it contributed to the opioid addiction epidemic, just over a month before the case was set to go to trial. The pharmacy chain operator and Lake and Trumbull counties disclosed the settlement in a motion filed Wednesday in federal court in Cleveland, Ohio, to sever Rite Aid from the case. They did not reveal terms of the deal, which must be approved by Lake County Commissioners and Trumbull County Commissioners. U.S. District Judge Dan Polster granted the motion on Thursday…. Read more
States, Cities Eye $26 Billion Deal: Opioid Litigation Explained¬†¬†Bloomberg Law… Read more
Drugmaker Endo settles opioid claims by Tennessee counties, cities for $35 mln¬†¬†Reuters… Read more
Despite Fanfare, $26B Opioid Offer Far From Finish Line¬†¬†Law360… Read more
Opioid distributors, J&J near settlement to resolve thousands of cases¬†¬†The Washington Post… Read more
Purdue bankruptcy watchdog says protections benefiting Sacklers are 'illegal'¬†¬†Reuters… Read more
Product Liability Cases To Watch: Midyear Review¬†¬†Law360… Read more
Key Opioid Trials To Watch As Cases Heat Up Nationwide¬†¬†Law360… Read more
Chicago Pushes For Opioid Trial But Pharma Wants More Time¬†¬†Law360… Read more
Oldest Opioid Suit, An MDL Bellwether, Evades Latest Assault¬†¬†Law360… Read more
Drug companies, plaintiffs close in on $26B deal to settle opioid lawsuits¬†¬†The Washington Post… Read more
Johnson & Johnson reaches $20.4 million settlement in huge opioid case¬†¬†The Washington Post… Read more
Tentative deal reached with Purdue Pharma, maker of OxyContin¬†¬†The Washington Post… Read more
How significant is J&J's $572M opioid verdict in Oklahoma? It's complicated¬†¬†FiercePharma… Read more
Texas Opioid MDL Gets 2020 Trial Dates¬†¬†Law360… Read more
Pa. Judge Greenlights State's 1st Opioid Marketing Case¬†¬†Law360… Read more
Sackler family, accused of profiting from opioid crisis, sued by New Jersey¬†¬†ABC News… Read more
Why did Teva ink an $85M deal to sidestep the Oklahoma opioid trial?¬†¬†FiercePharma… Read more
Purdue finally gets a judge to toss state AG's opioids case. Does it matter?¬†¬†Reuters… Read more
Purdue's Sackler family wants global opioids settlement: Sackler lawyer Mary Jo White¬†¬†CNBC… Read more
Purdue Pharma And Other Drug Companies Fight Opioid Disclosure : Shots – Health News¬†¬†NPR… Read more
Plaintiffs' lawyer calls opioid defendants 'thugs,' 'sociopaths,' judge issues warning¬†¬†Reuters… Read more
Allergan sues Pfizer, saying it needs to cover its opioid liabilities for Kadian¬†¬†FiercePharma… Read more
As the opioid epidemic rages, the fight against addiction moves to an Ohio courtroom¬†¬†The Washington Post… Read more

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