Attorneys: OxyContin maker agrees to tentative settlement

The lawsuit against Connecticut-based Purdue Pharma was filed on May 2 under seal and announced on Tuesday. (Source: MGN)
By  | 

HARTFORD, Conn. (AP) - Nearly half the states and some 2,000 local governments have agreed to a tentative settlement with OxyContin maker Purdue Pharma over the toll of the nation's opioid crisis.

Arizona Attorney General Mark Brnovich said the agreement reached Wednesday included more money from the family that owns Purdue than had been offered previously.

He told The Associated Press the tentative settlement deal was the quickest way to get relief for communities devastated by the opioid epidemic.

Sources with direct knowledge of the talks say that Stamford, Connecticut-based Purdue will pay up to $12 billion over time and that the Sackler family will give up control of the company. The sources spoke on condition of anonymity because they were not authorized to speak publicly.

Paul Farrell is an attorney for several local governments. He said in a text message that they have agreed to a deal that has been on the table for several wee ks.

Even with Wednesday's development, roughly half the states had not signed on. Several state attorneys general vowed to continue their legal battles against the company and the Sacklers.

13 NEWS reached out to Kansas Attorney General Derek Schmidt's office to see if this settlement will affect the state of Kansas' lawsuit and was told they could not comment on pending legislation.
___

Mulvihill reported from New Jersey. Associated Press writer Jonathan J. Cooper in Phoenix contributed to this report.

Copyright 2019 Associated Press. All rights reserved.