NATIONWIDE — New York Attorney General Letitia James on Tuesday, Nov. 18, secured the approval of Purdue Pharma’s bankruptcy plan after U.S. Bankruptcy Judge Sean Lane confirmed the plan in a bench ruling. The plan’s approval is a significant step in finalizing the $7.4 billion settlement secured by James with Purdue and its owners, the Sackler family, for their leading role in fueling the opioid crisis.

Under the Sacklers’ leadership, Purdue developed, manufactured and aggressively marketed opioid products for decades, allegedly using deceptive tactics, which led to waves of addiction and overdoses nationwide. In 2024, fatal opioid overdoses caused nine deaths daily among New Yorkers.

As part of the bankruptcy plan approved by the court, the Sacklers will no longer have any involvemen

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