U.S. Department of Justice building in Washington, D.C. June 6, 2020. Photo: Diego M. Radzinschi/ALM Skadden, Wilmer and Dechert Agree to Give Up $1M in Fees Under DOJ Settlement
The firms said they have "agreed to resolve the matter in the interest of expediency."
April 29, 2021 at 01:39 PM
3 minute read
Pharmaceuticals
The original version of this story was published on National Law Journal
Three Am Law 100 firms have agreed to settle with federal authorities over disclosure concerns in their representation of OxyContin producer Purdue Pharma.
Skadden, Arps, Slate, Meagher & Flom; Wilmer Cutler Pickering Hale and Dorr; and Dechert have agreed to relinquish collectively $1 million in fees earned in bankruptcy cases on behalf of Purdue. The Justice Department's U.S. Trustee Program stated they failed to disclose relevant ties to the Sackler family, which founded and owns the company.
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