MONEY MATTERS –
Dec. 3, 2023 – “If it gets blown up, nobody gets anything,” Carter, of Maynard, Mass., said of the settlement. “And still nothing is going to happen to the Sacklers.” Ed Bisch, who lost his 18-year-old son, Eddie, to an overdose in 2001, opposes the settlement because he said the Sacklers will still keep billions of dollars of wealth accumulated over the years.
He pointed out that the $6 billion payout would be stretched out over 18 years, and that more than $50 billion has already been allocated to states through settlements with other pharmaceutical companies, drug distribution companies and pharmacy chains.
“Right now, today, the states have money. No amount of money is worth giving the architects of the opioid epidemic civil immunity for what they have done,” said Bisch, founder of a group called Relatives Against Purdue Pharma.
Several representatives of the Sackler family did not respond to multiple requests for comment.
