Quotes
This historic $7.4 billion settlement addresses the role of the Sackler family and several other businesses in the opioid crisis, particularly in the distribution and marketing of opioids across the U.S. Families who have lost loved ones or had individuals suffer from severe opioid addiction will be eligible to seek restitution for these 'deaths of despair.'
Kevin Thompson, a finance expert and the founder and CEO of 9i Capital Group, told Newsweek
This sets a critical precedent—bankruptcy protections, traditionally used to safeguard businesses, have often been leveraged by wealthy and powerful individuals to avoid liability,
Thompson said
The Sackler family relentlessly pursued profit at the expense of vulnerable patients, and played a critical role in starting and fueling the opioid epidemic,
James said in a press release
While no amount of money will ever fully repair the damage they caused, this massive influx of funds will bring resources to communities in need so that we can heal,
she addedEverything in my life is shaped by a company that put profits over human lives,
she said
This is about families impacted by this crisis. And this is about a group of people and a family that are among the most notorious wrongdoers … and we are holding them accountable,
he saidTwo boys are gone because of your 'safe' medication,
Fitzgerald said
We buried Matthew and Kyle because of your family's vicious acts of disregard for human life,
Liz Fitzgerald said of the deaths of two of her sons, who died at ages 32 and 25 after years of dealing with opioid addictionsWe are extremely pleased that a new agreement has been reached that will deliver billions of dollars to compensate victims, abate the opioid crisis, and deliver treatment and overdose rescue medicines that will save lives,
Purdue said in a statement
Families throughout New York and across the nation are suffering from the immense pain and loss wrought by the opioid crisis,
James said in a statement