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MSNBC Katy Tur Reports June 4, 2024 19:50:00

Have limited how responsible the prominent sackler family would be for the damage caused by opioids made by purdue pharma, the company it controlled. the government challenged that agreement, and now the court will hear that argument out. a massive settlement for purdue pharma is on hold this morning. after the supreme court temporarily blocked the deal that would protect members of the sackler family from more opioid-related lawsuits. purdue pharma made oxycontin and a lot of money for the sackler family. the drug brought in an estimate $35 billion for the company. using aggressive marketing tactics, millions of americans became adicked to the opioid. cheryl lost her two sons cory and sean. i ve lost my children. i ve lost two of my children. that is a life sentence in itself. reporter: such deaths led to an avalanche of lawsuits against the company and its owners. the crisis dramatized on hulu s ....

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MSNBC Katy Tur Reports June 4, 2024 19:51:00

dope sick. purdue pharma filed for bankruptcy in to 19 under the terms of the bankruptcy, members of the sackler family will be shielded for future lawsuits in exchange for $6 billion that could be used to settle opioid related claims. but the justice department said the sacklers should not be able to use legal protections designed tor debtors illegal suppress and the solicitor general warning it would leave in place a road map for wealthy corporations and individuals to misuse the bankruptcy system. what is the issue the supreme court wants to look at? the supreme court wants to look at whether people who doan file for bankruptcy like the sacklers but have some connection to a bankruptcy should get the benefit of a release. the bankruptcy court has done that here for the sacklers and the supreme court is deciding whether that violates the law. reporter: but for many of the families involved, there is say human toll to further delay. i know hundreds of families ....

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Supreme Court blocks $6 billion Purdue Pharma deal

The case arose after the reorganization in bankruptcy of OxyContin manufacturer Purdue Pharma – stemming from litigation arising from claims over its role in fueling the opioid addiction crisis.
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