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Statement from County Executive McCoy on the Proposed Opioid Lawsuit Settlement with Purdue Pharma

Posted: Tuesday, August 27, 2019 9:25 AM

"The proposed settlement put forward by Purdue Pharma and the Sackler Family represents in many ways a turning point in the opioid epidemic that has plagued countless communities, including Albany County. Despite their rhetoric, this offer is a tacit admission of what we've long alleged: companies like this deceived the public and traded lives for corporate and personal wealth. This is a good first step. However, Judge Polster had not yet acted on the negotiating settlement class and there is yet no mechanism to decide if this offer should be accepted or rejected.

“I have been proud to be a part of this fight as one of the lead municipalities, having brought in the law firm Motley Rice, and working with fellow county leaders as President of the County Executives of America.

“Without knowing the exact outcome of this lawsuit, I continue to seek a first-of-its-kind negotiation class that will ensure critical funds are available to the localities across the nation to the heal the lives that are still being affected by addiction and overdose.

“While there are over 2000 localities that have sued, many more have not. The negotiating class provides all localities an opportunity to be heard regardless of their size. In my role as class representative, I will do my best to ensure that all impacted families and communities get the help they need and deserve.

“Beyond that, as I've said all along, we also must change the culture within the pharmaceutical industry that is largely to blame for this crisis in our nation."

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Albany County ExecutiveDaniel P. McCoy