PARKERSBURG, W.Va. (WTAP) – West Virginia Attorney General JB McCuskey announced Thursday that West Virginia, along with a coalition of other states, has a reached a $7.4 billion settlement with Purdue Pharma and the Sackler family over their involvement in fueling the opioid epidemic.
Purdue Pharma, under the leadership of the Sackler family, manufactured and sold opioids like Oxycontin for decades.
Under the settlement, the Sackler family would lose its control over Purdue and would spend the next 15 years paying out funds to communities affected by the opioid epidemic.
West Virginia could receive up to $55 million from the settlement.
The coalition of states had reached a settlement with Purdue previously, but that settlement was blocked by the U.S. Supreme Court last June.
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