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The settlement says that $558.9 million will be used to "remediate the harms caused to the settling states and their citizens by the opioid epidemic."
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McKinsey is the latest major American corporation to face legal, financial and public relations peril stemming from its role in the nation's deadly opioid epidemic.
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The pending settlement likely means Purdue will avoid going to trial in the sprawling and complicated case involving some 2,300 local governments across 23 states.