NJ to share $4.3B settlement in case against OxyContin maker

Settlement reached in lawsuits brought against Sackler family and Purdue Pharma

New Jersey will share in a $4.3 billion historic settlement along with New York, Pennsylvania and a dozen other states. Attorney General Gurbir Grewal says New Jersey stands to receive $110 million in the deal.

As part of the agreement the Sackler family will have to surrender ownership of the bankrupt Purdue Pharma drug company and release more than 30 million family and company documents that detail the role they played in the opioid epidemic. In the first four months of 2021 alone, Grewal’s office reported more than 1,000 suspected opioid overdose deaths.

Nearly 3,000 lawsuits were filed against the company challenging what Grewal called a “greed-driven opioid marketing and sales strategy…,” alleging the family targeted vulnerable patient populations to make their fortune.

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