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The Tennessee Attorney General has announced that a bipartisan coalition of states and other parties have reached a $7.4 billion settlement in principle with members of the Sackler family and their company Purdue Pharma, Inc. for their instrumental role in creating the opioid crisis.
Purdue, under the Sackler family’s leadership, invented, manufactured, and aggressively marketed opioid products for decades, fueling waves of addiction and overdose deaths across the country. Although the final amount Tennessee will receive depends on multiple factors, the State anticipates receiving more than $90 million.
The settlement ends the Sackler family’s control of Purdue and their ability to sell opioids in the United States. It will deliver funding directly to communities across the country over the next 15 years to support opioid addiction treatment, prevention, and recovery programs.
The $7.4 billion settlement in principle, the nation’s largest settlement to date with individuals responsible for contributing to the opioid crisis, comes after the United States Supreme Court overturned a prior multistate settlement with the Sackler family and Purdue in June 2024.
Written by: Ed Carter
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