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U.S. District Judge Sarah Vance of Louisiana warned lawyers for states and local governments that they’d face “serious’’ legal hurdles that could derail their bid for a multibillion-dollar payout. (Photo: Bloomberg)

(Bloomberg) – Purdue Pharma LP acknowledged in a letter that the maker of the opioid painkiller Oxycontin is in “negotiations’’ with state attorneys general over lawsuits accusing the company of creating a public-health crisis with its mishandling of the drug.

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