A US bankruptcy judge approved Purdue Pharma and Sacklers’ $6 billion settlement agreement with states, Connecticut AG says

“No matter how much money you pay in a settlement or how many millions your family has spent on their reputation, the legacy of the Sackler family can never be changed. You will be remembered as what you are for destroying generations of promise.”

“But in reaching this $6 billion settlement we recognized that we could not stall this process forever for victims and our sister states.”

Tong said Thursday’s hearing will give “victims and survivors the opportunity to speak directly to the Sacklers and share the damage and destruction they have caused.”

“We are not done fighting for justice against the addiction industry,” Tong said.

As part of the deal, the Sackler families will allow any institution or organization nationwide to remove the Sackler name from physical facilities and academic, medical, and cultural programs, scholarships and endowments so long as the Sacklers are notified first and public statements announcing the name removal do not “disparage” the family.

In a pre-drafted statement, the Sackler families said they were “pleased to have reached a settlement with additional states that will allow very substantial additional resources to reach people and communities in need.”

“The families have consistently affirmed that settlement is by far the best way to help solve a serious and complex public health crisis. While the families have acted lawfully in all respects, they sincerely regret that OxyContin, a prescription medicine that continues to help people suffering from chronic pain, unexpectedly became part of an opioid crisis that has brought grief and loss to far too many families and communities,” it added.