At a press conference on Thursday when the settlement was announced, the Attorney Generals of Massachusetts, New York and Minnesota had asked Suckler to hold responsibility and apologize for years, but the family refused.
Government lawyers have agreed to confront to release funds more quickly, rather than spending years pursuing more money to address the dire needs posed by the opioid epidemic. Said.
New York Democrat Carolyn B. Maloney and California Democrat Mark DeSaulnier have introduced a law called the Suckler Act that allows the state to track company owners in bankruptcy proceedings. .. But even if Congress passed such a bill, the Attorney General added that Sucklers and Padu would almost certainly end the proceedings for a long time and escape the scope of the bill.
According to a comprehensive bankruptcy proposal, Purdue itself will no longer exist and will reappear as a new company producing limited amounts of OxyContin and overdose reversals. It will be overseen by the appointed board of directors. Benefits will mainly seed payments for funds for distant plaintiffs who will support drug treatment and prevention programs.
The lawyers involved in the negotiations emphasized the import of public document repositories, which is almost unmatched in its breadth and depth. Purdue has already created 13 million documents in the proceedings, and plans to add another 20 million in the future. The scope of the documentation from this one company has been revealed by the entire tobacco industry. This is a very desirable result of the Big Tobacco proceedings about 20 years ago.
Purdue documents include testimonial records, emails, and letters dating back 20 years. Behind-the-scenes contact with federal agents and Food and Drug Administration officials as Purdue avoided severe penalties for betting on turbocharged sales that advertised OxyContin as effective and non-addictive. It is expected to reveal more about. Experts also expect meditations and orders from former Purdue University president and CEO Dr. Richard Sackler to be revealed.
At a briefing on Thursday, Massachusetts Attorney General Maura Healey, who first sued individual Sucklers, said the pile of documents stood as a promise to the families of opioid victims. “It tells the whole story, every conversation, every discussion, every plan, every way they were trying to make money and circumvent accountability and regulation,” she said.
15 states sign contract with Purdue Pharma over opioids
Source link 15 states sign contract with Purdue Pharma over opioids