Weighed down by the cost of opioid litigation, the American Pain Society is considering filing for bankruptcy and a decision is expected next week.
In a May 20 letter to its members, the APS board of directors blamed financial problems that have been exacerbated by the mounting expenses associated with defending lawsuits filed by local, city, and state governments over the opioid crisis. Along with drug makers and wholesalers, the professional society was named as a defendant in many of the cases.
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