Is the family behind Purdue Pharma the Sackler Family but the waltons are to walmart the sac lawyers are to Purdue Pharma and b. Are reports that according to the state attorney generals negotiating with the company the talks have stalled because the salaries of rejected a demand they give up 4500000000 of their personal wealth the saddle the o. P. O. They claim settle opioid claims against the company in an email sent to state attorney generals involved in the lawsuit and obtained by n. P. R. North carolina state attorney general josh stein and his counterpart in tennessee Herbert Slattery predict that purdue will be filing for bankruptcy imminently going on to write that the sackler has refused to budge and theyve declined to offer any counter proposal. This is a startling turn when just recently on this very show we discussed one proposed settlement that would have seen the sackler pay over 3000000000 out of pocket and produced pharma put into a structured bankruptcy that could have
Any counter proposal this is a startling turn when just recently on this very show we discussed one proposed settlement the would have seen these sackless pay over 3000000000. 00 out of pocket and produced pharma put into a structured bankruptcy that could have seen 10. 00 to 12000000000. 00 awarded back to the public over time many experts now feel however that with this new twist we could see very little money was actually find their way back into public coffers so a big pharma once again dodging responsibility for the Opioid Crisis that they created. I think its time to start watching the whole its. Pretty. Good thats like the real thing its like. The plot of. The day like you know what i got. Was that we. Would. Be. Welcome on the watching the dark side. And im tapping a lot of the it is far out in the headlines again yes have they ever really left the headlines of ever really left our systems after all these years and now it takes place today and months and years is them yeah i kn
Settlement that would have seen the sackler pay over 3000000000. 00 out of pocket and produced pharma put into a structured bankruptcy that could have seen 10. 00 to 12000000000. 00 awarded back to the public over time many experts now feel however that with this new twist we could see very little money is actually find their way back in the public coffers so a big pharma once again dodging responsibility for the opiate crisis that they created. I think its time to start watching the whole its. Pretty. Good thats like the real thing its like. The plot of. The day like you know what i got. Was that we. Would. Be. One of them on the watching the dark side i robot and im typing a lot as the it is far out in the headlines again yes have they ever really left the headlines have they ever really left our systems after all these years and now it takes place today and months and years is them yeah i know i can something about it i talked about it here i was shocked to think that they would act
To a structured bankruptcy would have saw money come back instead although were going to go straight by a group c. Dissolve the company and more things i found out which you even properly predicted to me when we were talking about their software was the fact that one of the other sticking points was this stock was not willing to pay out of pocket but also the threat of losing their chinese the potential Chinese Company move move to pharma your act which you know as we pointed out its like the people who decided that a new opium epidemic would be great for china so surprised that these things happen it is well moving forward to those bringing the suit paul hanley a lead lawyer for the group of local governments unions hospitals and others suing the drug industry in public court he told the media that any breakdown in talks did not concern his group of clients and that they will continue to explore resolution of our clients claims against her due on the stock was. Whether with or without
About it i talked about it here i was shocked to think that they would actually give up that sort of family fortune and this huge thing and i just dont think they well i think they go theyll go down kicking and screaming because theyre going to try to do this thing where they save save themselves like look at all the philanthropy we do we have foundation and thats the thing right like its like oh no we were going to a structured bankruptcy would have saw money come back instead although were going to go straight bankruptcy dissolve the company and more things i found out which you even properly predicted to me when we were talking about their software was the fact that one of the other sticking points was this stock was not going to pay out of pocket but also the threat of losing their chinese the potential Chinese Company move move to pharma your act which you know as we pointed out its like the people who decided that a new opium epidemic would be great for china so surprised that th