State and local governments and individual victims who cast ballots on the plan supported it overwhelmingly. But nine states, the District of Columbia, the city of Seattle and the U.S. Bankruptcy Trustee are fighting the plan because it would protect members of the Sackler family, who own the company, from future lawsuits over opioids. And many family members have never been involved with Purdue. In exchange for the legal protections, family members would contribute a total of $4.5 billion in cash and control of a charitable fund. “I am just a small fish in this ocean of devastation the Sackler family has caused with their greed,” she wrote.
Source: Los Angeles Times August 23, 2021 17:15 UTC