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You are right I wasn't up to date but it's still peanuts standing against the $35bn [1] in profits from oxy. They basically settled to pay 15 years of interest

You are right I wasn't up to date but it's still peanuts standing against the $35bn [1] in profits from oxy. They basically settled to pay 15 years of interest on it with 0 jail time for executives. These settlements are also always the same they NEVER exceed or even match the fraudulent profits. If I steal $100 from you and I’ll pay $24 back in $2 installments over a year you wouldn’t call it justice you probably would call it fraud. >> On January 23, 2025, the Sackler family and Purdue settled the lawsuit they faced, in a $7.4bn deal with states and individuals. The Family agreed to pay $6.5bn over 15 years, while Purdue agreed on $900mn in settlements. [2] [1] https://www.newyorker.com/magazine/2017/10/30/the-family-that-built-an-empire-of-pain https://www.newyorker.com/magazine/2017/10/30/the-family-tha... [2] https://ft.pressreader.com/1389/20250124/281663965680298 https://ft.pressreader.com/1389/20250124/281663965680298

ChrisMarshallNY 2y ago
Can't read the stories, but I'd be interested in seeing whether or not the family got the shielding they wanted. UPDATED Sorta-kinda: > The new deal is structured so that the Sacklers are not given automatic protection from liabilities, but victims will need to agree to not pursue further legal action in order to receive a payout, according to the New York attorneygeneral office’s statement. Looks like they just made it difficult to go after the family, as opposed to impossible. This kind of thing is not unusual. The trick is that the victims need to get a fairly substantial (to them) payout, to agree to give up their right to sue. It's likely that lawyers will try to convince people to not accept the payouts. If the settlement isn't generous enough, they may be successful.
- BoredPositron 2y ago
  "justice"

ChrisMarshallNY 2y ago

Can't read the stories, but I'd be interested in seeing whether or not the family got the shielding they wanted. UPDATED Sorta-kinda: > The new deal is structured so that the Sacklers are not given automatic protection from liabilities, but victims will need to agree to not pursue further legal action in order to receive a payout, according to the New York attorneygeneral office’s statement. Looks like they just made it difficult to go after the family, as opposed to impossible. This kind of thing is not unusual. The trick is that the victims need to get a fairly substantial (to them) payout, to agree to give up their right to sue. It's likely that lawyers will try to convince people to not accept the payouts. If the settlement isn't generous enough, they may be successful.

BoredPositron 2y ago
"justice"