MSNBC: Supreme Court Blocks Purdue Pharma Opioid Settlement

EXCERPT:

DILANIAN: "Ana, I am told that this decision would kill that $6 billion historic settlement with the Sackler family and Purdue Pharma. It involves a provision of the bankruptcy law, and the Justice Department had actually come in and opposed this settlement as well as some other parties. And now the Supreme Court is saying that, in fact, this settlement cannot go forward under these provisions. That is a huge deal. A lot of states were counting on this money. A lot of plaintiffs were counting on this money. Those advocating for it said this was the best deal that they were going to get from the Sackler family, which remember is accused of knowingly peddling opioids to millions of people, even after it became clear that they were addictive. They of course, deny wrongdoing, made billions of dollars from their ownership of Purdue Pharma. This was an attempt for some accountability through the civil court process. And apparently now the Supreme Court has blocked this $6 billion settlement, Ana."