In May 2018, Attorney General Josh Stein sued drug maker Purdue Pharma over deceptive marketing practices that created and fueled the opioid epidemic. In September 2019, he sued eight members of the Sackler family alleging they were the driving forces behind Purdue Pharma’s misconduct.
In July 2021, after years of negotiation, AG Stein announced his support for confirmation of a bankruptcy plan for Purdue Pharma that will make billions of dollars available nationwide to fund efforts to remediate the opioid crisis. This includes an estimated $100 million coming to North Carolina communities to support treatment, recovery, harm reduction, and other life-saving programs and services. Read the announcement.
In December 2021, a federal court ruled the plan proposed by Purdue Pharma did not comply with bankruptcy law. Negotiations are underway in 2022 to develop a revised plan that would still provide money to remediate the opioid crisis. The federal court’s decision does not affect the separate settlement with the distributors and Johnson & Johnson.
Attorney General Stein has been a lead negotiator in achieving an update to a national settlement with the opioid manufacturer Mallinckrodt. Under the settlement, Mallinckrodt filed for bankruptcy in October 2020 and will pay $1.725 billion of cash into a trust that will go toward abating the opioid crisis. This includes an estimated $40 million coming to North Carolina communities to support treatment, recovery, harm reduction, and other life-saving programs and services