A US bankruptcy judge approved Purdue Pharma and Sacklers' $6 billion settlement agreement with states, Connecticut AG says

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A US bankruptcy judge approved Purdue Pharma and Sacklers' $6 billion settlement agreement with states, Connecticut AG says
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A US bankruptcy judge approved the settlement that Purdue Pharma and the Sackler families reached with a group of states that will require the Sacklers to pay out as much as $6 billion to states, individual claimants and opioid crisis abatement.

The new agreement, reached earlier this month after eight states and the District of Columbia ultimately appealed a previous deal, does not provide protection to the Sackler families from any future liability relating to the opioid crisis."No settlement will ever come close to addressing the magnitude of suffering and harm caused by Purdue and the Sackler family," Tong said in a statement.

Read MoreAs part of the deal, the Sackler families will allow any institution or organization nationwide to remove the Sackler name from physical facilities and academic, medical, and cultural programs, scholarships and endowments so long as the Sacklers are notified first and public statements announcing the name removal do not"disparage" the family.

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