Purdue’s counsel and even certain state attorneys general, I realized, seemed to view the victims’ participation in the proceedings as a charade. These corporate representatives were there to claim that their interests had also been harmed they contended that they, too, should receive a sizable settlement from Purdue. To win some measure of justice, I was determined to have a seat at the table.īut on the committee, the victim representatives were outnumbered by corporate representatives. As someone in long-term recovery from an opioid addiction that included Ox圜ontin, I also mourned the deaths of friends who lost their lives to overdoses. Purdue Pharma is a repeat federal offender, having twice pleaded guilty in federal court for its crimes I have called for a criminal indictment against the Sackler family. As a committee co-chair, it was my job to remain impartial - easier said than done. Although I had deep moral qualms about representing some of these companies, I also had a fiduciary duty to do so. The committee also included five representatives of corporations, including CVS Caremark, whose affiliate company CVS Pharmacy has faced litigation for its role in the sprawling overdose crisis. They included state and local governments, hospitals, pharmacies, insurance companies and individuals who had been harmed by the pharmaceutical giant. We had a fiduciary responsibility to over 600,000 parties with claims against Purdue. I know this because I not only represented the victims I’m one of them.Īfter my appointment to the nine-member committee, I was elected one of its two co-chairs. Ignored by a system devised to protect extreme wealth and perpetuate social disparity, Purdue’s victims find themselves doubly victimized. Only about $750 million was reserved for direct payments to those most injured by the company - more than 130,000 victims who filed claims for harms associated with Ox圜ontin, ranging from addiction to death by overdose. $4.5 billion of that will come from the company’s former owners, members of the Sackler family, in exchange for civil releases from any future litigation pertaining to the overdose crisis. The final settlement promises as much as $10 billion to be distributed among states, municipalities, the federal government, victims and other corporate creditor groups through a restructured company. I read thousands of pages of confidential documents revealing the true nature and depth of Purdue’s liability in the crisis. For nearly two years, I attended countless negotiations, depositions and chambers meetings. The committee acted as a mega-plaintiff, with broad powers to subpoena records, take depositions and cross-examine witnesses. 26, 2019, the Department of Justice appointed me to serve on the Official Unsecured Creditors Committee in the bankruptcy case against Purdue Pharma, the company that helped fuel the opioid overdose crisis through the misbranding and reckless marketing of the powerful painkiller Ox圜ontin. Mega Supplies looks forward to personally and professionally working with you soon with all your business needs.On Sept.
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