David Y. Igé | ATG PRESS RELEASE: Hawaii Attorney General Connors Announces Resolution with Purdue Pharma and Sackler Family for Role in Opioid Crisis
ATG PRESS RELEASE: Hawaii Attorney General Connors Announces Resolution with Purdue Pharma and Sackler Family for Role in Opioid Crisis
Posted on Jul 9, 2021 in Latest News, Press Room
HONOLULU – Attorney General Connors announced Hawaii’s participation in a nationwide resolution to prosecute the Sackler family and their company, Purdue Pharma, which will require them to pay more than $ 4.3 billion for prevention, treatment efforts and recovery in communities across the country, as well as making public tens of millions of documents related to their role in the opioid crisis.
The national resolution, which also resolves the civil enforcement action brought by Attorney General Connors against Purdue Pharma and the Sacklers on behalf of the state, was filed in bankruptcy court on Wednesday evening and remains subject to approval. Specifically, it demands that Purdue Pharma be sold or liquidated by 2024. It also demands that the Sacklers make one of the largest individual payments ever made in U.S. history to resolve a lawsuit. In addition, Purdue Pharma and the Sacklers are to release more than 30 million documents, including solicitor-client privileged communications regarding the initial FDA approval of OxyContin and the tactics used to promote opioids.
“This resolution holds the Sacklers and Purdue Pharma accountable for their role in promoting opioids and the ensuing crisis which has ruined so many lives in this country and here in Hawai’i,” the prosecutor said. General Connors. “While no amount of money can repair the damage done, this resolution will fund opioid reduction programs in Hawaii and establish a repository of documents to ensure the public has access to the truth about this tragedy. “
Under the resolution, Purdue will release to the public evidence obtained from Purdue’s prosecutions and investigations over the past 20 years, including transcripts of depositions, videos of depositions and more than 13 million documents. Purdue will also have to deliver any unprivileged emails sent or received by members of the Sackler family who served on the board of directors or worked at the company. Finally, Purdue to waive its attorney-client privilege and reveal confidential communications with its attorneys on tactics to push opioids, FDA approval of OxyContin, drug diversion by doctors and drugstores “pills” and the billions of dollars that Purdue paid directly to the Sacklers. Thousands of individual victims of Purdue’s misconduct will also receive compensation as part of the bankruptcy process.
Of the $ 4.325 billion the Sacklers will pay over the next nine years, Hawai’i is expected to receive about $ 13 million for opioid reduction. Under the plan, the Sacklers will be permanently banned from the opioid trade. The resolution also demands that the Sacklers cede control of family foundations with $ 175 million in assets to the directors of a foundation dedicated to fighting the opioid crisis. In addition, the Sackler family will be prohibited from seeking or authorizing new naming rights in connection with donations or charities or the like for the next nine years.
A copy of the report is available here.
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