New York Attorney General Letitia James announced on Thursday that Purdue Pharma and the family that owns the company have agreed to pay up to $7.4 billion in a settlement over OxyContin lawsuits.
“For decades, the Sackler family fueled waves of opioid addiction and overdose deaths across the country, causing our families immense devastation and loss,” James said on X.
The funds will be used for opioid treatment and prevention programs throughout the country, she said. New York will get up to $250 million. She said her office has also reached an agreement with opioid manufacturers and distributors who will give $3 billion to combat the crisis. …