AG James announced that a bipartisan coalition of states, and other parties led by the Office of the Attorney General (OAG) have reached a $7.4 billion settlement in principle with members of the Sackler family and their company Purdue Pharma, Inc. (Purdue) for their instrumental role in creating the opioid crisis. Purdue, under the Sacklers’ leadership, invented, manufactured, and aggressively marketed opioid products for decades, fueling waves of addiction and overdose deaths across the country. The settlement ends the Sacklers’ control of Purdue and ability to sell opioids in the United States and 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 Sacklers and Purdue in June 2024.

“Families throughout New York and across the nation are suffering from the immense pain and loss wrought by the opioid crisis. The Sackler family relentlessly pursued profit at the expense of vulnerable patients, and played a critical role in starting and fueling the opioid epidemic. While no amount of money will ever fully repair the damage they caused, this massive influx of funds will bring resources to communities in need so that we can heal. The Sacklers no longer have control of Purdue and will never be allowed to sell opioids in the United States again. I will continue to go after the companies that caused the opioid epidemic and fight to get justice for those who have suffered.” – AG James

https://ag.ny.gov/press-release/2025/attorney-general-james-secures-74-billion-purdue-pharma-and-sackler-family