Under the terms, the opioid maker agreed to pay $900m, and the family behind it agreed to pay up to $6.5bn.

Summary

Purdue Pharma and the Sackler family have agreed to a $7.4 billion settlement over their role in the opioid crisis.

The deal, $1 billion larger than a previous 2024 proposal rejected by the Supreme Court, includes $6.5 billion from the Sacklers and $900 million from Purdue.

Funds will support opioid addiction treatment and prevention efforts.

The settlement, among the largest in U.S. history, still requires court approval.

Critics note the Sacklers’ $11 billion withdrawals before Purdue’s bankruptcy, and victims emphasize the ongoing human cost of the crisis.

  • @apfelwoiSchoppen
    1•4 days ago

    The law protects property owners, so my interpretation is likely weak but asset forfeiture is normal in situations where assets are gained by illegal means. Seems easy to deduce that most of their wealth is derived from criminal activity.