Why I and other attorneys general are saying no to Purdue Pharma’s settlement
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by Maura Healey, a Democrat, is attorney general of the state of Massachusetts,
Last week, Purdue and the Sacklers offered terms for settlement. Together with 24 of my fellow attorneys general, I said no. The main reason is simple: It doesn’t hold the company or its owners accountable.
The Sacklers would like us to believe that as part of the settlement they’re cutting a check for billions of dollars. They’re not. After ravaging communities across the country and making billions off OxyContin sales, their proposed settlement likely wouldn’t require the Sacklers to pay back a dime of the money they made from Oxycontin sales over the past few decades. Instead, they’re offering payments generated from future sales of OxyContin, as well as an estimated $3 billion from the sale of their company Mundipharma. It’s a ploy that’s offensive to families who have lost loved ones to this epidemic.
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