BOSTON, MA (FRANKLIN COUNTY NOW) — Massachusetts Attorney General Andrea Joy Campbell announced Thursday that she and a coalition of other states have reached a $7.4 billion settlement with the Sackler family and their company, Purdue Pharma, $108 million of which will be coming to the Commonwealth.
AG Campbell said the settlement will ensure the Sackler family is held accountable for their significant role in the opioid crisis.
From the Office of the Attorney General:
Under the Sacklers’ leadership, Purdue invented, manufactured, and aggressively marketed opioid products for decades, perpetuating waves of addiction and overdose deaths across the Commonwealth and country. This settlement, if approved by the U.S. Bankruptcy Court for the Southern District of New York, will end the Sacklers’ control of Purdue and its ability to sell opioids in the U.S. and will deliver funding directly to communities over the next 15 years to support opioid addiction treatment, prevention, and recovery programs. It marks the nation’s largest settlement to date with individuals responsible for contributing to the opioid crisis.
“The Sackler family will forever be remembered as a symbol of greed, profiting off pain to destroy countless lives across the Commonwealth and country,” said AG Campbell. “While this settlement cannot bring back the lives lost, it will bring in much-needed funds to begin to remediate the damage and ensure that the Sacklers can be held accountable for the lasting devastation they have caused. I am incredibly grateful to the families who turned their pain into purpose to inform our work in this space.”