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if purdue pharma had possibly done anything wrong, illegal, immoral. he helped head off that investigation to the extent that the company was never fully held to account in the way that it should have and in a way that would have helped perhaps bring an end to this epidemic. - top officials of oxycontin's maker purdue pharma admitted in a federal courtroom that they intentionally told doctors the drug was less addictive than other painkillers, even though they knew that was not true. the company admitted that it falsely marketed the drug to doctors with ads in medical magazines. oxycontin's maker must pay a $600 million fine, one of the biggest ever against a drug company. and company executives individually were fined 34 million. even so, some say the drugmaker got off easy. - that was equivalent to about five or six months' worth of profit from oxycontin. what did rudy giuliani really do? in the end, he used that name as america's mayor to open doors. you know, the end result, of course, was that it contributed to, you know, a crisis that has--well,
if purdue pharma had possibly done anything wrong, illegal, immoral. he helped head off that investigation to the extent that the company was never fully held to account in the way that it should have and in a way that would have helped perhaps bring an end to this epidemic. - top officials of oxycontin's maker purdue pharma admitted in a federal courtroom that they intentionally told doctors the drug was less addictive than other painkillers, even though they knew that was not true. the...
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against purdue pharma, significantjudgment against purdue pharma, that those payments can get to thewhether it has knock-on - to the family. i was asking nomia whether it has knock-on effects l whether it has knock—on effects outside oxycontin. other cases where you've got a number of victims. doesn't much further than the purdue pharma case? it doesn't much further than the purdue pharma ease?— pharma case? it does, and this is a bellwether — pharma case? it does, and this is a bellwether case. _ pharma case? it does, and this is a bellwether case. when _ pharma case? it does, and this is a bellwether case. when you - pharma case? it does, and this is a bellwether case. when you have i pharma case? it does, and this is a bellwether case. when you have an action like this typically, most individuals can choose to opt out. frankly speaking, it's very hard for an individual or a family to go after a big corporation like this. that's where they some strength in numbers. whether it's 90 or 97%, the vast majority of claimants want this settlement, and the question is will these individual
against purdue pharma, significantjudgment against purdue pharma, that those payments can get to thewhether it has knock-on - to the family. i was asking nomia whether it has knock-on effects l whether it has knock—on effects outside oxycontin. other cases where you've got a number of victims. doesn't much further than the purdue pharma case? it doesn't much further than the purdue pharma ease?— pharma case? it does, and this is a bellwether — pharma case? it does, and this is a...
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the family behind purdue pharma, the sacklers, why would they be roped into this? would they not have immunity from liability? >> well, they're not being roped into it. this is a mechanism of the sackler family's construction. they decided that the best way to deal with their potential liability was essentially to coat tale on to the bankruptcy proceeding involving purdue pharma, the manager of oxycontin, and that's what makes this so controversial. you have this family who didn't declare bankruptcy use the bankruptcy process to get the same type of liability shield that one would if you went through bankruptcy. >> remind us why victims, local governments, the doj would want the sackler family held for the deaths, the lives ruined. >> there's a lot of people who want to see justice here. they want to know what did the sacklers know. when this drug was being illegally promoted by purdue farm pharma, to what degree were the sacklers aware of this. what they have done for the past 20 years, since i have been covering the story, they have evaded answering that question
the family behind purdue pharma, the sacklers, why would they be roped into this? would they not have immunity from liability? >> well, they're not being roped into it. this is a mechanism of the sackler family's construction. they decided that the best way to deal with their potential liability was essentially to coat tale on to the bankruptcy proceeding involving purdue pharma, the manager of oxycontin, and that's what makes this so controversial. you have this family who didn't declare...
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supreme court has a hearing to challenge the purdue pharma bankruptcy deal. of money here now. the sticking point is whether or not the sackler family will be immune from future litigation. gerri willis, fox business has the story now. >> that's right. the supreme court today weighs whether members of the sackler family should be shielded from future civil litigation as part of a settlement deal involving purdue pharma maker of oxycontin. as we see here the total amount is $6 billion. members of the sackler family who own the company have offered that amount to settle thousands of lawsuits alleging the pills fueled an opioid epidemic. the case is dividing families of opioid victims. some say the sacklers should continue to pay. allen isaacs, whose son died of an opioid dose opposes the settlement. her attorney wrote this. a court should not bar victims from enforcing their rights while allowing perpetrators to profit from wrongdoing. christie's son died of an opioid overdose and what she had to say earlier on your show. >> my feeling is that richard sackler a
supreme court has a hearing to challenge the purdue pharma bankruptcy deal. of money here now. the sticking point is whether or not the sackler family will be immune from future litigation. gerri willis, fox business has the story now. >> that's right. the supreme court today weighs whether members of the sackler family should be shielded from future civil litigation as part of a settlement deal involving purdue pharma maker of oxycontin. as we see here the total amount is $6 billion....
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they will decide whether the family which owns purdue pharma can be sued. bankruptcy settlement protected them and experts say this can set a major precedent for similar settlements in the future. >>> alaska airlines will buy hawaiian airlines for $1.9 billion. company plans to keep identities of both brands. federal regulators have to approve. >>> spotify will layoff about 1500 employees. the ceo said the music streaming service hired too many employees in 2020 and 2021 back when they had more capital. spotify already cut down 800 jobs this year. >>> a live look at san francisco. look at the fog rolling in. we can see more rain on the way also. let's check in with meteorologist jessica burch. >>> that stubborn fog has been sticking around all morning. into the this afternoon, it starts to break apart. we are left with sunny skies. mix that with daytime highs above average, it's going to be a beautiful day. then clouds from offshore around the 7:00 hour tonight and that will fill the bay tomorrow morning. tomorrow morning and afternoon, partly cloudy. nothi
they will decide whether the family which owns purdue pharma can be sued. bankruptcy settlement protected them and experts say this can set a major precedent for similar settlements in the future. >>> alaska airlines will buy hawaiian airlines for $1.9 billion. company plans to keep identities of both brands. federal regulators have to approve. >>> spotify will layoff about 1500 employees. the ceo said the music streaming service hired too many employees in 2020 and 2021 back...
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the court will decide the family that owns purdue pharma could be sued in court. the original settlement protected them. this could set a major precedent for similar settlements in the future. >>> the suspect in the killings of three homeless men is due in court today. the 33-year-old is already in custody for a separate homicide . he walked up to the victims and shot them for no apparent reason. investigators are working to determine if he is connected to any other crimes in the area in recent weeks. >>> highs in the bay area are sitting along the 60s no matter where you live. but it is a little armor in some pockets, san jose at 67. with a lot more sunshine in the afternoon, but we did wake up to that dense fog all throughout the coast and inland areas. we will see a pretty similar trend throughout the day . we will warm up into the upper 60s the more north we go and all the way up into the santa rosa area. and look at what is happening into the afternoon, the national weather service has issued a each hazard statement, so be careful if you're heading out along
the court will decide the family that owns purdue pharma could be sued in court. the original settlement protected them. this could set a major precedent for similar settlements in the future. >>> the suspect in the killings of three homeless men is due in court today. the 33-year-old is already in custody for a separate homicide . he walked up to the victims and shot them for no apparent reason. investigators are working to determine if he is connected to any other crimes in the area...
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plus the supreme court hearing arguments today about a multi billion dollar settlement for purdue pharma. >> the maker of oxycontin. what this decision could mean for those affected by the country's opioid crisis the subway series menu is getting a new lineup of sandwiches - the deli heroes. there's fresh sliced turkey on the titan turkey. fresh sliced ham on the grand slam ham. five meats on the beast! and look at that double cheese! try subway's tastiest refresh yet. and for agricultural workers. the board is set to vote tomorrow on the agricultural housing plan it calls for building more than 700 new affordable housing units. the plan will use funding from the 2016 voter approved affordable housing bond measure. a the board will consider approval of six new developments utilizing a $36 million in housing bond funds, plus another 7.3 million state funding and 4 million in county general funds. >> showing just some of the ways in which the housing bond has leveraged additional resources into our community. >> a recent county report called for building 700 year round homes for farm worke
plus the supreme court hearing arguments today about a multi billion dollar settlement for purdue pharma. >> the maker of oxycontin. what this decision could mean for those affected by the country's opioid crisis the subway series menu is getting a new lineup of sandwiches - the deli heroes. there's fresh sliced turkey on the titan turkey. fresh sliced ham on the grand slam ham. five meats on the beast! and look at that double cheese! try subway's tastiest refresh yet. and for...
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today, the supreme court will review a $6 billion bankruptcy settlement between purdue pharma, the maker of oxycontin, and the victims and communities ravaged by the opioid crisis. at issue, the deal gives purdue pharma's owners the sackler family immunity, protecting them from lawsuits. >> the victims fought for this plan because they want to help people who have lost loved ones who have been affected by the opioid crisis to recover money. >> attorney edward neiger helped negotiate the settlement and wants it upheld. but the justice department is opposed and arguing there must be unanimous consent among all the claimants to give the sackler family, which made billions off oxycontin immunity. >> see the sacklers may be bad people, but they're not stupid people and they will not give any money to abate the opioid crisis or to victims to help rebuild their lives. unless they get those releases, if they really want to make a lesson of what the sacklers did, they can and should criminally prosecute the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxycont
today, the supreme court will review a $6 billion bankruptcy settlement between purdue pharma, the maker of oxycontin, and the victims and communities ravaged by the opioid crisis. at issue, the deal gives purdue pharma's owners the sackler family immunity, protecting them from lawsuits. >> the victims fought for this plan because they want to help people who have lost loved ones who have been affected by the opioid crisis to recover money. >> attorney edward neiger helped negotiate...
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pharma, should get immunity from future lawsuits. cbs's jan crawford reports on a case that some are calling billionaire justice. >> we want justice. we want the sacklers in jail, but we want their money. >> reporter: cheryl lost two sons to opioids and holds purdue pharma, the manufacturer of oxycontin, and its former owners, the sackler family, responsible. she and most other victims' families are urging the supreme court to approve a 2021 multi-billion dollar bankruptcy plan that will provide up to $6 billion for treatment and programs to combat the opioid crisis, including $750 million to victims and their families. >> and i do believe that was the best deal. >> reporter: but that deal has a catch. it would shield the sackler family from lawsuits even though they are not bankrupt themselves, and that has divided families who share a tragic bond. >> they need to be held accountable. >> reporter: ellen isaacs, whose son died of an overdose, says the deal lets the sacklers off the hook. >> give me the ability to get a jury by trial
pharma, should get immunity from future lawsuits. cbs's jan crawford reports on a case that some are calling billionaire justice. >> we want justice. we want the sacklers in jail, but we want their money. >> reporter: cheryl lost two sons to opioids and holds purdue pharma, the manufacturer of oxycontin, and its former owners, the sackler family, responsible. she and most other victims' families are urging the supreme court to approve a 2021 multi-billion dollar bankruptcy plan that...
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the justices heard arguments yesterday over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuits under terms of the settlement. >> why is it that you're able to come in and undo something that has such overwhelming agreement? >> it seems to me that that's a fairly clear case for the application of what is called our major questions doctrine. >> under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits with opioid victims and state governments. but the biden administration says by guaranteeing immunity, the deal violates federal law. justice elena kagan questioned whether the government should end an agreement that was approved by opioid victims overwhelming the support for this deal. >> and among people who have no love for the sacklers among people who think that the sacklers are pretty much the worst people on earth, they've negotiated a deal which they think is the best that they can get. so i'm wondering why one nutcase holdout should hold up something like this. >> but justice ketanji brown jackson quest
the justices heard arguments yesterday over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuits under terms of the settlement. >> why is it that you're able to come in and undo something that has such overwhelming agreement? >> it seems to me that that's a fairly clear case for the application of what is called our major questions doctrine. >> under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits...
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but purdue pharma, attorney gregory guard told the justices the deal actually protects victims. the release is simply prevent creditors from jumping the line and depleting the state through the back door. still justice ketanji brown jackson pushed back. >> it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy protections. >> now, many victims, though, do support the settlement. lawyers for about 60,000 of them. >> really describe this as a watershed moment in the opioid crisis live in washington. i'm jessi tenure. interesting predicament. jesse, thank you for that. thank you. jesse. to the middle east now is fighting resumed between israel and hamas. u.s. leaders. >> are raising concerns over the estimated 15,000 palestinians killed so far. >> too many innocent palestinians have been killed. frankly, the scale of civilian suffering and the images and videos coming from are devastating. >> israel did
but purdue pharma, attorney gregory guard told the justices the deal actually protects victims. the release is simply prevent creditors from jumping the line and depleting the state through the back door. still justice ketanji brown jackson pushed back. >> it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy...
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pharma.inmunidad a cambio de pagar hasta 6 mil millones de dólares que podrían ser utilizados para resolver los reclamos relacionados con los opioides. pero solo a cambio de una liberación completa de cualquier responsabilidad. esto es, en casos futuros. >> y hoy el departamento del tesoro de estados unidos anunció el lanzamiento de una fuerza de ataque contra el fentanilo. el objetivo es unificar los recursos y la experiencia de esta agencia federal en una operación coordinada y simplificada para combatir el tráfico ilegal de fentanilo. esta fuerza de ataque consolidará personal conocimiento, inteligencia y recursos en oficinas clave del departamento del tesoro y estará liderada por la oficina de terrorismo e inteligencia financiera, en colaboración con la unidad de investigación criminal del Área y para continuar fomentando el crecimiento de la empresa spotify, ellos llevarán a cabo su última ronda de recortes de personal, afectando al 17% de su fuerza laboral, lo que equivale a 1500 puesto
pharma.inmunidad a cambio de pagar hasta 6 mil millones de dólares que podrían ser utilizados para resolver los reclamos relacionados con los opioides. pero solo a cambio de una liberación completa de cualquier responsabilidad. esto es, en casos futuros. >> y hoy el departamento del tesoro de estados unidos anunció el lanzamiento de una fuerza de ataque contra el fentanilo. el objetivo es unificar los recursos y la experiencia de esta agencia federal en una operación coordinada y...
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. >> today, the supreme court will review a 6 billion bankruptcy settlement between purdue pharma, the maker of oxy contin and the victims and communities ravaged by the opioid crisis. at issue, the deal gives purdue pharma's owners the sackler family immunity, protecting them from lawsuits. >> the victims fought for this plan because they want to help people who have lost loved ones who have been affected by the opioid crisis to recover money. >> attorney edward neiger helped negotiate the settlement and wants it upheld. but the justice department is opposed, arguing there must be unanimous consent among all the claimants to give the sackler family, which made billions off oxycontin immunity. >> the sacklers may be bad people, but they're not stupid people and they will not give any money to abate the opioid crisis or to victims to help rebuild their lives. unless they get those releases. if they really want to make a lesson of what the sacklers did, they can and should criminally prosecute the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxyconti
. >> today, the supreme court will review a 6 billion bankruptcy settlement between purdue pharma, the maker of oxy contin and the victims and communities ravaged by the opioid crisis. at issue, the deal gives purdue pharma's owners the sackler family immunity, protecting them from lawsuits. >> the victims fought for this plan because they want to help people who have lost loved ones who have been affected by the opioid crisis to recover money. >> attorney edward neiger helped...
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it's anyone'suess wisconsin the court es. >> a ruling against the purdue pharma settlement could havehe boy scouts of america was able to stay in business because of an $850 million settlement that looked a lot like purdue pharma's. could a deal like the sacklers upend, change deals already settled? >> it definitely could. the supreme court decided to take this case for review for probably a couple of reasons, one, of course, a huge settlement, $6 billion. another reason the supreme court decided to accept this case for review, there's been a split in the circuits. the appellate courts haven't ruled consistently on this issue of whether the bankruptcy court can approve a settlement that forecloses claimants from proceeding against people not in bankruptcy. that's a very big issue. actually, the boy scouts have a $2.5 billion settlement out there, and they say they're in a different position because those claims have already started to be filed and the processing of those payments has already begun. one of the issues, if the supreme court decides that the bankruptcy court does not have
it's anyone'suess wisconsin the court es. >> a ruling against the purdue pharma settlement could havehe boy scouts of america was able to stay in business because of an $850 million settlement that looked a lot like purdue pharma's. could a deal like the sacklers upend, change deals already settled? >> it definitely could. the supreme court decided to take this case for review for probably a couple of reasons, one, of course, a huge settlement, $6 billion. another reason the supreme...
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and billions of dollars at stake this morning as the supreme court hears the purdue pharma bankruptcyase. >> how the result of this hearing could protect the family that owns at compa in order for small businesses to thrive, they need to be smart, efficient, savvy. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get a $1000 prepaid card with a qualifying with qualifying gig bundle. yep, $1000. so switch to business internet from the company with the largest fastest reliable network and that powers more businesses than anyone else. learn how you can get $1000 back for your business. call or go online today. - [narrator] every day, our lives are filled with choices, both simple and life-changing. what's not a choice? addiction to opioids like fentanyl. but even with opioid use disorder, you still have a choice. by choosing treatment, you choose family, your career and your life on your terms. choose change, california, and find medically proven treatment options at choosechangeca.org. road conditions a
and billions of dollars at stake this morning as the supreme court hears the purdue pharma bankruptcyase. >> how the result of this hearing could protect the family that owns at compa in order for small businesses to thrive, they need to be smart, efficient, savvy. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get a $1000 prepaid card with a qualifying with qualifying gig bundle. yep, $1000. so switch...
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justices hear a challenge to the settlement that protects the family behind purdue pharma from future lawsuits. it is great to have you with us. israel is expanding its ground offensive in southern gaza with witnesses there saying israeli tanks are building up around the south. hospitals say they are overwhelmed with new arrivals. the world health organization says israel warned two of their medical warehouses will be targeted. the who head dr tedros adhanom ghebreyesus urged israel to withdraw the order, saying israel should "take every possible measure to protect civilians "and civilian infrastructure, including hospitals." israeli authorities have denied the who's claim. the israel defense forces are now telling civilians to leave areas around khan younis, a city israel told civilians to flee to for safety earlier in the conflict. our gaza correspondent rushdi abualouf who is now in istanbul gave us this update. very intense israeli air strikes around khan yunis tonight, with reports of israeli tanks are moving from the eastern part and the northern part of khan younis. i have seen
justices hear a challenge to the settlement that protects the family behind purdue pharma from future lawsuits. it is great to have you with us. israel is expanding its ground offensive in southern gaza with witnesses there saying israeli tanks are building up around the south. hospitals say they are overwhelmed with new arrivals. the world health organization says israel warned two of their medical warehouses will be targeted. the who head dr tedros adhanom ghebreyesus urged israel to withdraw...
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. >>> also up next, disgraced drugmaker purdue pharma helped fuel the opioid epidemic. we'll tell you about the case before the supreme court this morning that could have major implications for victims of the crisis. we're back in 60 seconds. you're watching "jose diaz-balart reports" on msnbc. s you're watching "jose diaz-balart reports" on msnbc. >>> 16 past the hour. today at the nation's highest court, justices are weighing the biden administration's objection to a bankruptcy plan allowing the family of the center of the opioid epidemic to avoid more lawsuits. the sackler family previously controlled purdue pharma, the maker of oxycontin, highly addictive painkiller. between 1999 and 2021, the cdc says nearly 645,000 people died from an overdose due to opioids. and under a major settlement, the company had been ordered to pay $6 billion to those harmed by this public health crisis. the family told the supreme court it backs the settlement, but the biden administration says the provision that shields the sacklers from future lawsuits is unfair. joining us now, nbc ne
. >>> also up next, disgraced drugmaker purdue pharma helped fuel the opioid epidemic. we'll tell you about the case before the supreme court this morning that could have major implications for victims of the crisis. we're back in 60 seconds. you're watching "jose diaz-balart reports" on msnbc. s you're watching "jose diaz-balart reports" on msnbc. >>> 16 past the hour. today at the nation's highest court, justices are weighing the biden administration's...
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others say it would let purdue pharma off the hook. >> this bankruptcy settlement is approved. they are for ever shielded just it's an abuse of the bankruptcy process. >> a ruling is expected by early summer. no matter the outcome, though, a lot of families of victims want the justice department to bring criminal charges against the family which owns purdue pharma. voting by sag aftra members on the tentative deal which ended the actors strike ends today. that voting ends today. the agreement was reached 3 weeks ago. it ended the 118 day strike against hollywood studios. there is still some concern, though the deal will not pass. some actors say it doesn't give enough protection against the use of artificial intelligence sag-aftra's lead negotiator says he is still fairly confident that it will be approved. the end of balloting is at 05:00pm today. >> coming up, the forty-niners riding high after their 4th straight victory. why? and coach kyle shanahan he's confident and the team's ability to play well during big moments. but first, time to get your christmas tree if you haven'
others say it would let purdue pharma off the hook. >> this bankruptcy settlement is approved. they are for ever shielded just it's an abuse of the bankruptcy process. >> a ruling is expected by early summer. no matter the outcome, though, a lot of families of victims want the justice department to bring criminal charges against the family which owns purdue pharma. voting by sag aftra members on the tentative deal which ended the actors strike ends today. that voting ends today. the...
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but purdue pharma, attorney gregory guard told the justices the deal act ally protects victims. the release is simply prevent creditors from jumping the line and depleting. >> the state through the back door. still justice ketanji brown jackson pushed back. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy protections. >> now, many victims, though, i do support the settlement lawyers for about 60,000 of them have called it a watershed moment in the opioid crisis. >> live in washington, i'm jessi tenure. thank you so much. just seen and the treasury department is also announcing a new strike force to help combat fentanyl trafficking. the move is coming as the u.s. and china step up their efforts to stop the movement of this powerful opioid and drug making materials into the united states. according to the cdc, more than 100 1000 americans have died from this drug. so far this year, the drug enforc
but purdue pharma, attorney gregory guard told the justices the deal act ally protects victims. the release is simply prevent creditors from jumping the line and depleting. >> the state through the back door. still justice ketanji brown jackson pushed back. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy...
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and the end of the company, purdue pharma was then replaced by a new company.al was blocked by the division of the doj, which requested to be reviewed by the high court. while many of the arguments today focus on the final ports of bankruptcy law, they did know, today, the justices that the vast majority of victims and their families were supportive of the deal. remember back in the 1990s, purdue pharma introduced oxycontin as a pink color. the company has been accused of helping to fuel the opioid act but damac in this country by aggressively marking the drug a safer and even less addictive encouraging doctors to prescribe the drug over a longer period of time. and now sales of the drug for the family, will earn them billions of dollars. many of the suits allege that the family knew of oxycontin's addictive properties but continued to promote them nonetheless. even as the opioid academic skyrocketed. between 1999, and 2021, nearly 645,000 americans died through opioid overdoses. including the son of my next guest. he was by the teenager when he was prescribed
and the end of the company, purdue pharma was then replaced by a new company.al was blocked by the division of the doj, which requested to be reviewed by the high court. while many of the arguments today focus on the final ports of bankruptcy law, they did know, today, the justices that the vast majority of victims and their families were supportive of the deal. remember back in the 1990s, purdue pharma introduced oxycontin as a pink color. the company has been accused of helping to fuel the...
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the white house is challenging a deal that allows purdue pharma settle lawsuits against it for $6 billioncompany has been criticised for making the opioid crisis worse — and families who lost loved ones say the deal allows the sackler family, which owns purdue, to be partially protected. the case is being heard in the supreme court — with justices divided over whether to approve the deal. it's only because the sacklers have taken the money offshore, right? i mean, it's not like, it's not like by operation of law, it's necessary to do this. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. uber stock came close to a record high on monday, on news that the company is set tojoin a leading american index of publicly traded companies. our business correspondent erin delmore in new york has the story. the s&p 500 is readying for a new member. uber is set to join the elite index later this month and investors are pleased. uber�*s stock ended monday, up more than 2% after rising around 5% in early trading. tha
the white house is challenging a deal that allows purdue pharma settle lawsuits against it for $6 billioncompany has been criticised for making the opioid crisis worse — and families who lost loved ones say the deal allows the sackler family, which owns purdue, to be partially protected. the case is being heard in the supreme court — with justices divided over whether to approve the deal. it's only because the sacklers have taken the money offshore, right? i mean, it's not like, it's not...
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in the settlement now under scrutiny by the justices, the sackler pharma who owned purdue pharma agreedle thousands of lawsuits. in return members of that family would be given wide-ranging legal protections from future lawsuits. the justices as they were hearing this this week they appeared divided on whether those protections for the members of the sackler family, those protections went beyond the law. so what does this mean for the vi family whose son brian died from an opioid overdose in 2019. he was just 20 years old. bro brian's stepfather judge william nelson joins us now. thank you very much for coming in and taking the time to speak with me. part of the questioning from the justices, it focused in on the broad support for the settlement by victims and their families. this is a deal that you and your wife, you do not support so what does this moment after everything you've been through. what does it mean for you? >> first of all, let me correct you. it was 2009. >> i am so sorry, judge. that's okay. we're against this settlement for several reasons and i can start off by telling
in the settlement now under scrutiny by the justices, the sackler pharma who owned purdue pharma agreedle thousands of lawsuits. in return members of that family would be given wide-ranging legal protections from future lawsuits. the justices as they were hearing this this week they appeared divided on whether those protections for the members of the sackler family, those protections went beyond the law. so what does this mean for the vi family whose son brian died from an opioid overdose in...
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in more news, the white house is challenging a deal that allows purdue pharma lawsuits against them for6 billion. —— to settle lawsuits against it. the company has been criticised for making the opioid crisis worse in the country and families who lost loved ones say the deal allows the sackler family that owns purdue to be partially protected. the case is being heard in the supreme court with justices divided over whether to approve the deal. here is what one of them had to say. only because the sacklers have taken the money offshore, right? it is not like by aberration of law it is necessary to do this. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. uber stocks came close to a record high on monday i knew that the company is set to join the leading american index of publicly traded company bunnies. 0ur publicly traded company bunnies. our business correspondent with the latest from new york. the snp 500 is readying fora new member, uberset to join the elite index later this month. investors are p
in more news, the white house is challenging a deal that allows purdue pharma lawsuits against them for6 billion. —— to settle lawsuits against it. the company has been criticised for making the opioid crisis worse in the country and families who lost loved ones say the deal allows the sackler family that owns purdue to be partially protected. the case is being heard in the supreme court with justices divided over whether to approve the deal. here is what one of them had to say. only...
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justices hear a challenge to the settlement that protects the family behind purdue pharma from futureis expanding its ground offensive in southern gaza with witnesses there saying israeli tanks are building up around the south. hospitals say they are overwhelmed with new arrivals. the world health organization says israel warned two of their medical warehouses will be targeted. the who head dr tedros adhanom ghebreyesus urged israel to withdraw the order, saying israel should "take every possible measure to protect civilians "and civilian infrastructure, including hospitals." israeli authorities have denied the who's claim.
justices hear a challenge to the settlement that protects the family behind purdue pharma from futureis expanding its ground offensive in southern gaza with witnesses there saying israeli tanks are building up around the south. hospitals say they are overwhelmed with new arrivals. the world health organization says israel warned two of their medical warehouses will be targeted. the who head dr tedros adhanom ghebreyesus urged israel to withdraw the order, saying israel should "take every...
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the white house is challenging a deal that allows purdue pharma settle lawsuits against it for six— billionbeen criticised for how it sold strong painkillers, fuelling an addiction crisis in the us. families who lost loved ones say the deal allows the sackler family, which owns purdue, to be partially protected. the case is being heard in the supreme court, with justices divided over whether to approve the deal. markets now. here in europe, the main indices on the continent have been trading higher today. on the continent have been london's ftse 100 is falling however. we should be showing you some pictures of it, but unfortunately we cannot at the moment. stay in touch with me and the business team on social media. until next time here on world business report, goodbye. the first ever haricot beans grown in the uk tend during a trial at a spalding factory. they're delivered to us in the dry format and we have to rehydrate them. then the next process is fill these into the can we then add the tomato sauce and spices? what spice is the spice? no, the spices are unique to us and there are tra
the white house is challenging a deal that allows purdue pharma settle lawsuits against it for six— billionbeen criticised for how it sold strong painkillers, fuelling an addiction crisis in the us. families who lost loved ones say the deal allows the sackler family, which owns purdue, to be partially protected. the case is being heard in the supreme court, with justices divided over whether to approve the deal. markets now. here in europe, the main indices on the continent have been trading...
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the supreme court is expected to rule on a controversial settlement for purdue pharma.f the prescription painkiller oxycontin. justices heard arguments over the deal that would require the sackler family to give up ownership of purdue pharma and contribute $6 billion toward opioid treatment and prevention in exchange, the family would be immune from civil lawsuits over their role in the opioid epidemic. some argue the deal gives too many protections to the sacklers. governor newsom wants federal officials to make sure all forms of contraception are affordable and accessible. newsom joined other governors on a letter to us health and human services secretary xavier becerra. the group is urging becerra to require health insurance coverage for all contraception. the governors are also pushing for the first affordable over-the-counter daily birth control pill in a statement, governor newsom said in part, quote, accessibility and affordability are essential when it comes to reproductive health care. as some parts of the country look to roll back rights, we are standing toget
the supreme court is expected to rule on a controversial settlement for purdue pharma.f the prescription painkiller oxycontin. justices heard arguments over the deal that would require the sackler family to give up ownership of purdue pharma and contribute $6 billion toward opioid treatment and prevention in exchange, the family would be immune from civil lawsuits over their role in the opioid epidemic. some argue the deal gives too many protections to the sacklers. governor newsom wants...
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the supreme court has begun hearing arguments about how purdue pharma fueled the opioid epidemic andng you all the details on how this case could play out. hi, i'm tali, and i lost 85 pounds on golo. all my life i struggled with my weight. i tried every diet, and i even had weight loss surgery. but, after complication, i had gained everything back extremely fast. i was unhealthy, miserable and depressed. following golo, and taking release, i was able to lose weight gradually and keep it off. i wish i'd started sooner. don't wait, go straight to golo.com. stuart: on the market this is morning, the story is selling for stocks, dow is down 160, nasdaq down nearly 200 points in the paints. i should tell you that -- points and i should tell you bitcoin on a strong rally over $41,000 per coin. then there's this. purdue farmer, makers of oxycontin and bankruptciy says in front of the supreme court this morning. gerri willis is with me. what's the main issue here? >> can the sack herreras avoid e payouts and the maker of oxycontin and members of the sackler family that owned purdue pharma of
the supreme court has begun hearing arguments about how purdue pharma fueled the opioid epidemic andng you all the details on how this case could play out. hi, i'm tali, and i lost 85 pounds on golo. all my life i struggled with my weight. i tried every diet, and i even had weight loss surgery. but, after complication, i had gained everything back extremely fast. i was unhealthy, miserable and depressed. following golo, and taking release, i was able to lose weight gradually and keep it off. i...
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pharma and i potential impact on compensatnor
pharma and i potential impact on compensatnor
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pharma bankruptcy deal. the agreement that could shield the family from further lawsuits down the road. the families of opioid victims not happy about it. d.o.j. is challenging. see what the supremes say. keep an eye on this. an american warship came under attack and how the pentagon is responsible to that. it will take us a long way whether or not iran the gets a message. it's monday. hope you get ready for the holidays. we are, right? >> dana: i'm dana perino. and this is "america's newsroom." good to be with you today. we want to tell you about the attack that happened yesterday off the coast of yemen. enter>> bill: the assault lasted for hours and the u.s.s. carney shot down three drones in self-defense. >> dana: it's seen as the biggest escalation against u.s. troops in the region. >> bill: general jack keane has analysis. trey yengst reports from southern israel on the war with hamas. first alexandria hoff is following the u.s. response to iranian aggression and reports from washington. alexandria, goo
pharma bankruptcy deal. the agreement that could shield the family from further lawsuits down the road. the families of opioid victims not happy about it. d.o.j. is challenging. see what the supremes say. keep an eye on this. an american warship came under attack and how the pentagon is responsible to that. it will take us a long way whether or not iran the gets a message. it's monday. hope you get ready for the holidays. we are, right? >> dana: i'm dana perino. and this is...
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. >> next, the supreme court hearing oral argument a case concerning the bankruptcy of purdue pharmapsation for opioid victims. purdue pharma once owned by the family faced joints of dollars in lawsuitmafactured highly addictive painkiller oxycontin after the compy led for bankruptcy in a reorganization 2019. plan including a trust or victim compensation with the fami c contribute in $6 billion. return they were released from all opid elated claims and future litigio the u.s. trustee program which oversees bankruptcy cases oppose the deal in filed this appeal with the supreme court. >> your argument this morning case 23124 harrington versus purdue pharma. mr. gannon >> mr. chief justice emmele
. >> next, the supreme court hearing oral argument a case concerning the bankruptcy of purdue pharmapsation for opioid victims. purdue pharma once owned by the family faced joints of dollars in lawsuitmafactured highly addictive painkiller oxycontin after the compy led for bankruptcy in a reorganization 2019. plan including a trust or victim compensation with the fami c contribute in $6 billion. return they were released from all opid elated claims and future litigio the u.s. trustee...
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pharma, which would give money to victims of the opioid crisis but also shield the sackler family fromiscuss the many implications when we come right back. l discuss the many implications when we come right back theo's nose was cause for alarm, so dad brought puffs plus lotion to save it from harm. puffs has 50% more lotion and brings soothing relief. don't get burned by winter nose. a nose in need deserves puffs indeed. america's #1 lotion tissue. my most important kitchen tool? my brain. so i choose new neuriva ultra. unlike some others, it supports 7 brain health indicators, including mental alertness from one serving. to help keep me sharp. try new neuriva ultra. think bigger. a few years ago, i came to saona, they told me there's no electricity on the island. we always thought that whatever we did here would be an emblem of what small communities can achieve. trying to give a better life to people that don't have the means to do it. si mi papá estuviera vivo, sé que él tuviera orgulloso también de vivir de esta viviendo una vida como la que estamos viviendo ahora. es electricidad
pharma, which would give money to victims of the opioid crisis but also shield the sackler family fromiscuss the many implications when we come right back. l discuss the many implications when we come right back theo's nose was cause for alarm, so dad brought puffs plus lotion to save it from harm. puffs has 50% more lotion and brings soothing relief. don't get burned by winter nose. a nose in need deserves puffs indeed. america's #1 lotion tissue. my most important kitchen tool? my brain. so i...
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will the us supreme court is expected to rule on a controversial settlement for purdue pharma, the makerf the prescription painkiller oxycontin. the court heard arguments over a deal that would require the sackler family to give up ownership of purdue pharma and contribute $6 billion towards opioid treatment and prevention. in exchange change, the family would be immune from civil lawsuits over their role in the opioid epidemic. the summer arguing that deal gives too many protections to the sackler family. >> if this bankruptcy settlement is approved, they are forever shielded them. and that's just that's an abuse of the bankruptcy process. >> now, the biden administration asked the supreme court to review that deal, saying the agreement violates federal law by guaranteeing legal immunity for the sacklers. the ruling is expected in june. >> governor newsom wants federal officials to make sure all forms of contraception are affordable and accessible. newsom joined other governors in issuing a letter to us health and human services secretary xavier becerra. the group is urging becerra to r
will the us supreme court is expected to rule on a controversial settlement for purdue pharma, the makerf the prescription painkiller oxycontin. the court heard arguments over a deal that would require the sackler family to give up ownership of purdue pharma and contribute $6 billion towards opioid treatment and prevention. in exchange change, the family would be immune from civil lawsuits over their role in the opioid epidemic. the summer arguing that deal gives too many protections to the...
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the court is weighing whether to approve purdue pharma's controversial bankruptcy deal that would gives of dollars to victims of the opioid epidemic while protecting members of the sackler family from current and future opioid-related civil lawsuits. our supreme court analyst marcia coyle is with us. you were at the supreme court today for the arguments. there were some fairly dense and technical arguments the justices heard. big picture, what are they considering? marcia: the real issue before the court is whether the bankruptcy court had the authority, somewhere in the code or elsewhere, to approve a settlement that gives immunity basically to the sackler family, as you said, from all civil opioid-related claims, even though the sackler family was not part of this bankruptcy. they themselves did not apply for bankruptcy. the justices were probing both sides with some skeptical questions of both sides of whether there is authority for this. also what was interesting is it was very clear the justices had their eye on the practical implications of a decision. if they find there was no a
the court is weighing whether to approve purdue pharma's controversial bankruptcy deal that would gives of dollars to victims of the opioid epidemic while protecting members of the sackler family from current and future opioid-related civil lawsuits. our supreme court analyst marcia coyle is with us. you were at the supreme court today for the arguments. there were some fairly dense and technical arguments the justices heard. big picture, what are they considering? marcia: the real issue before...
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the court is weighing whether to approve purdue pharma's controversial bankruptcy deal that would givef dollars to victims of the opioid epidemic while protecting members of the sackler family from current and future opioid-related civil lawsuits. our supreme court analyst marcia coyle is with us. you were at the supreme court today for the arguments. there were some fairly dense and technical arguments the justices heard. big picture, what are they considering? marcia: the real issue before the court is whether the bankruptcy court had the authority, somewhere in the code or elsewhere, to approve a settlement that gives immunity basically to the sackler family, as you said, from all civil opioid-related claims, even though the sackler family was not part of this bankruptcy. they themselves did not apply for bankruptcy. the justices were probing both with some skeptical questions of both sides of whether there is authority for this. also what was interesting is it was very clear the justices had their eye on the practical implications of a decision. if they find there was no authority,
the court is weighing whether to approve purdue pharma's controversial bankruptcy deal that would givef dollars to victims of the opioid epidemic while protecting members of the sackler family from current and future opioid-related civil lawsuits. our supreme court analyst marcia coyle is with us. you were at the supreme court today for the arguments. there were some fairly dense and technical arguments the justices heard. big picture, what are they considering? marcia: the real issue before...
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but purdue pharma, attorney gregory guard told the justices the deal actually protects victims. the release is simply prevent creditors from jumping the line and depleting. >> the state through the back door. still justice ketanji brown jackson pushed back. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy protections. >> now that many victims, though, do support the settlement. lawyers for about 60,000 of them called this a watershed moment in the opioid crisis live in washington. i'm jessi tenure. jessie, thank you so much. the treasury department is announcing a new strike force to help combat fentanyl trafficking. it comes as the u.s. and china stepped up efforts to stop the movement of this powerful opioid and drug making materials into the united states. officials say mexico and china, the primary countries for fentanyl and fentanyl-related substances traffic directly into the u.s. sanction
but purdue pharma, attorney gregory guard told the justices the deal actually protects victims. the release is simply prevent creditors from jumping the line and depleting. >> the state through the back door. still justice ketanji brown jackson pushed back. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. the justices will have to decide by next summer weather the sacklers get to keep their bankruptcy...
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pharma's lawyer monday argued a ruling against the plan would take a wrecking ball to the bankruptcy code. >> creditors and victims will be left with nothing and lives literally will be lost. nothing in the code commands that tragic result. >> the doj maintains the deal would illegally extinguish the rights of people aiming to sue those who made a fortune selling the prescription pills. >> it was guilty as sin. we all know that a ruling is expected by early summer, but no matter the outcome, many of the victims families want the department of justice to bring criminal charges against the sackler family outside the supreme court. >> rebecca castor, fox news. >> the treasury department today announced a new strike force aimed at combating fentanyl trafficking. the counter fentanyl strike force will bring together personnel and intel agents from various arms of the treasury department. its responsibilities will include trafficking, the financial flows of trafficking organizations, especially those that rely on cryptocurrency. the new effort comes after president biden and chinese presid
pharma's lawyer monday argued a ruling against the plan would take a wrecking ball to the bankruptcy code. >> creditors and victims will be left with nothing and lives literally will be lost. nothing in the code commands that tragic result. >> the doj maintains the deal would illegally extinguish the rights of people aiming to sue those who made a fortune selling the prescription pills. >> it was guilty as sin. we all know that a ruling is expected by early summer, but no...
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. >> the supreme court is hearing arguments over a settlement with purdue pharma, the maker of oxycontinaid the settlement would shield members of the sackler family who owned purdue pharma from civil lawsuits. the agreement would also provide billions of dollars to combat the opioid epidemic. the sacklers would contribute up to $6 million and give up ownership of the company. now, the issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to people such as the sacklers, who've not declared bankruptcy themselves. coming up, new information about a security breach involving dna, genetics testing and the company 23 and me. how many customers were impacted? plus, well, thousands of people adopted pandemic puppies in the past few years. there is a special push to adopt a senior dog ahead of the holidays. how one organization in san francisco is doing a lot of good for older dogs across northern california and the benefits of adopting a dog that's way past the training age i know the importance of taking care of myself. how are you doing between pract
. >> the supreme court is hearing arguments over a settlement with purdue pharma, the maker of oxycontinaid the settlement would shield members of the sackler family who owned purdue pharma from civil lawsuits. the agreement would also provide billions of dollars to combat the opioid epidemic. the sacklers would contribute up to $6 million and give up ownership of the company. now, the issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to...
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the settlement would shield members of the sackler family who own purdue pharma from civil lawsuits. the agreement would also provide billions of dollars to combat the opioid epidemic. the sacklers would contribute up to $6 million and give up ownership. the issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to people such as the sackler, who have not declared bankruptcy themselves. >> as our time now 918 with just a couple of legislative days left this year, this is crunch time for congress hoping to approve us aid for israel and for ukraine. as reporter rebecca castor tells us, some republican lawmakers see this aid package as a chance to change us border policy. while us allies ukraine and. israel, are immersed in war . >> congress remains divided on how to send aid. it hinges on funding and policy changes for the us border. people don't want to be involved in paying for securing a foreign country's border. >> they want our border secure, offered first. and that's not happening. >> democrats and republicans in the senate are working to
the settlement would shield members of the sackler family who own purdue pharma from civil lawsuits. the agreement would also provide billions of dollars to combat the opioid epidemic. the sacklers would contribute up to $6 million and give up ownership. the issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to people such as the sackler, who have not declared bankruptcy themselves. >> as our time now 918 with just a couple of legislative days...
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pharma. the powerful pain medication oxycontin. it's been entangled in lawsuits seeking to hold it to account for its role in the opioid epidemic. in the justices allowed it to proceed it would shield the sackler family from lawsuits brought by opioid victims: >>> snowy weather meet sunny weather. alaska airlines has reached a deal to pay $2 billion to hawaiian's parent company. the board of both have agreed on the deal which is expected to close in a little over a year, but it would still need the approval of u.s. regulators. >>> and speaking of flying, how about $25 flights? the catch -- you just have to have an amazon prime membership and be a student. 3,000 lucky students will get the deal. this tuesday, wednesday, and thursday at 6:00 a.m., 1,000 low-priced tickets will drop, so you got to get up early to get the deal. >>> that's your cbs "money watch" report for this monday morning. i'm matt pieper, cbs news, new york. >>> up next, a farewell kiss. a legendary rock band, kiss, plays the
pharma. the powerful pain medication oxycontin. it's been entangled in lawsuits seeking to hold it to account for its role in the opioid epidemic. in the justices allowed it to proceed it would shield the sackler family from lawsuits brought by opioid victims: >>> snowy weather meet sunny weather. alaska airlines has reached a deal to pay $2 billion to hawaiian's parent company. the board of both have agreed on the deal which is expected to close in a little over a year, but it would...
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on tomorrow's "pbs newshour," the supreme court hears arguments on opioid maker purdue pharma's bankruptcyn yang. for all of my colleagues, thanks for joining us. have a good week. >> major funding for "pbs news weekend" has been provided by -- >> consumer cellular, this is sam, how may i help you? this is a pocket dial. well, somebody's pocket, i thought i would let you know that with consumer cellular you get nationwide coverage with n contract. that is kind of our thing. have a nice day. ♪ >> and with the ongoing support of these individuals and institutions -- ♪ this program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. ♪ [captioning performed by the national ctioning institute, which is responsible for its caption content and accuracy.] ♪ ♪ john: folk music has been around as long as there have been folks to sing it. folk music is about real people and real lives and the frustration of dissent.
on tomorrow's "pbs newshour," the supreme court hears arguments on opioid maker purdue pharma's bankruptcyn yang. for all of my colleagues, thanks for joining us. have a good week. >> major funding for "pbs news weekend" has been provided by -- >> consumer cellular, this is sam, how may i help you? this is a pocket dial. well, somebody's pocket, i thought i would let you know that with consumer cellular you get nationwide coverage with n contract. that is kind of...
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. >> the supreme court is expected to rule on a controversial settlement for purdue pharma, the maker of the prescription painkiller oxycontin. just this has heard arguments over the deal that would require the sackler family give up ownership of purdue pharma and contribute $6 billion toward opioid treatment and prevention. in exchange, the family would be immune from civil lawsuits over the role in the opioid epidemic. some argue the deal gives too many protections to the sacklers this bankruptcy settlement is approved. >> they are forever shielded them and that's just that's an abuse of the bankruptcy process. the biden administration requested the high court review the deal, saying the agreement violates federal law by guaranteeing legal immunity for the sacklers. >> the ruling is expected in june. governor newsom wants federal officials to make sure all forms of contra ception are affordable and accessible. he and other governors issuing a letter to us health and human services secretary xavier becerra. the group is urging becerra to require health insurance coverage for all cont
. >> the supreme court is expected to rule on a controversial settlement for purdue pharma, the maker of the prescription painkiller oxycontin. just this has heard arguments over the deal that would require the sackler family give up ownership of purdue pharma and contribute $6 billion toward opioid treatment and prevention. in exchange, the family would be immune from civil lawsuits over the role in the opioid epidemic. some argue the deal gives too many protections to the sacklers this...
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. >> next, the supreme court hearing oral argument a case concerning the bankruptcy of purdue pharma and its potential impact on mpsation for opioid victims. purdue pharma once owned by the family faced joints of dollars in lawsuitmafactured highly addictive painkiller oxycontin after the compy led for bankruptcy in a reorganization 2019. plan including a trust or victim compensation with the fami c contribute in $6 billion. return they were released from all opid elated claims and future litigio the u.s. trustee program which oversees bankruptcy cases oppose the deal in filed this appeal with the supreme court. >> your argument this morning case 23124 harrington versus purdue pharma. mr. gannon >> mr. chief justice emmett please the court should be theou of appeals proved a chapter reorganization pn that will release claims that purdue farmincritors have against other non- debtors. principally the family members wh took billions of dollars fr purdue and the years before produce bankruptc but have not filed for bankruptcy and me a portion of their assets to the estate and produce ban
. >> next, the supreme court hearing oral argument a case concerning the bankruptcy of purdue pharma and its potential impact on mpsation for opioid victims. purdue pharma once owned by the family faced joints of dollars in lawsuitmafactured highly addictive painkiller oxycontin after the compy led for bankruptcy in a reorganization 2019. plan including a trust or victim compensation with the fami c contribute in $6 billion. return they were released from all opid elated claims and future...
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s court hears oral argument in harrington v purdue pharma, a case concernhe bankruptcy of makers of oxycontin at the pol impact on opioid victims compensation. again t tonight at eight eastern on c-span2, on of the mobile app c-span now online at c-span.org. >> a healthy democracy doesn't just look like this. it looks like this, where americans can see democracy at work, where citizens are truly informed, a republic thrice. get informed straight from the source on c-span. unfiltered, unbiased, word for word. from the nation's capital to wherever you are. because the opinion that matters most is your own. this is what democracy looks like. c-span, powered by cable. >> zach cohen of bloomberg government news, i apologize. i'm suing myself. but zach cohen, that hearing last week with elise stefanik and the three presidents, that has some ways, doesn't? >> guest: yes. with the president's of offered, m.i.t. and i'm blanking on the third one, actually university president actions on over the weekend as well as the chairman as part of a backlash. there's a series of questions from elise stefanik re
s court hears oral argument in harrington v purdue pharma, a case concernhe bankruptcy of makers of oxycontin at the pol impact on opioid victims compensation. again t tonight at eight eastern on c-span2, on of the mobile app c-span now online at c-span.org. >> a healthy democracy doesn't just look like this. it looks like this, where americans can see democracy at work, where citizens are truly informed, a republic thrice. get informed straight from the source on c-span. unfiltered,...
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purdue pharma which is owned by the sackler family.hey agreed to pay $6 billion of about 18 years in exchange for being protected from any future liability. how can they do that? how can they get protection from user lawsuits. this was held up by the new york court of appeals. a trustee is asking the supreme court to review this particular agreement. when it comes to the rights of victims to be able to sue in the future. they ask questions for about two hours on both sides. i want to play some clips about what the justices were asking. this is a very unusual benefit in a bankruptcy case. let's take a listen. ♪ ♪ ♪ out loud. they believe time is running thing. chuck schumer wants to hold a vote and republicans are saying it's way too early for about and they are not ready with the deal. it's hard to see how quickly that you will come through but the guy i >> with thinks there is the path, they are just not there yet . >> it is not a poison pill for some democrats. >> the war is largely frozen, you've heard this term, that is a russian i
purdue pharma which is owned by the sackler family.hey agreed to pay $6 billion of about 18 years in exchange for being protected from any future liability. how can they do that? how can they get protection from user lawsuits. this was held up by the new york court of appeals. a trustee is asking the supreme court to review this particular agreement. when it comes to the rights of victims to be able to sue in the future. they ask questions for about two hours on both sides. i want to play some...
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pharma and will that deal was legal. the manufacturer of the highly addictive painkiller oxycontin agreed in 2021 to pay the giant settlement but crucially without admitting any liability in the opioid epidemic. if the justices strike down the deal the sackler family could find themselves back in court facing a torrent of lawsuits for their role in the opioid epidemic. >>> 32 female student athletes have filed a discrimination lawsuit against the university of oregon. they are accusing the school of failing to follow title ix. they say the treatment of varsity male athletes is, quote, shockingly better. oregon says it's committed to providing a quality positive experience for all student athletes. >>> now to an omission causing an uproar in college football. undefeated florida state who took down louisville finished at number five in a final college football rankings of the season. the final ranking includes fellow undefeated teams michigan and washington at numbers one and two, and one loss teams texas and alabama round
pharma and will that deal was legal. the manufacturer of the highly addictive painkiller oxycontin agreed in 2021 to pay the giant settlement but crucially without admitting any liability in the opioid epidemic. if the justices strike down the deal the sackler family could find themselves back in court facing a torrent of lawsuits for their role in the opioid epidemic. >>> 32 female student athletes have filed a discrimination lawsuit against the university of oregon. they are accusing...
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the supreme court seems divided as it reviews a landmark bankruptcy settlement for purdue pharma.the company behind the powerful painkiller oxycontin. the drug is linked to tens of thousands of overdose deaths. the justices heard arguments over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuit. it's under terms of the settlement. under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits with opioid victims and state governments. but the biden administration says by guaranteeing immunity, the deal violates federal law. justice elena kagan questioned if the government should end an agreement that was approved by opioid victims. it's over whelming the support for this deal and among people who have no love for the sacklers among people who think that the sacklers are pretty much the worst people on earth, they've negotiated a deal which they think is the best that they can get. >> so i'm wondering why one nutcase holdout should hold up something like this. >> members of the sackler family have denied any wr
the supreme court seems divided as it reviews a landmark bankruptcy settlement for purdue pharma.the company behind the powerful painkiller oxycontin. the drug is linked to tens of thousands of overdose deaths. the justices heard arguments over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuit. it's under terms of the settlement. under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits with opioid victims and state...
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purdue pharma reached a bankruptcy deal with individual victims and tribal, state, and local governmentsat deal would see its owners pay $6 billion in compensation. that means the company would go bankrupt but the family would not and they could not be sued by any other victims. 60,000 parties agreed to that deal but the federal government wants the court to quash it, as do some family members, saying it gives them all the benefits of bankruptcy with none of the downsides. >> shame on sackler! >> in the last two decades, half a million americans have died from opioids. these are prescription painkillers which are highly addictive. at the heart of this case is a drug called oxycontin, produced by a company owned by the sackler's, one of america's richest families. people here protesting alleged the sacklers played down the effects of the drug in pursuit of profit. a bankruptcy court ordered the family to pay billions of dolls in compensation to victims and families. the supreme court is looking at that deal. people here want it struck down. >> i gave up my career as an engineer after i lo
purdue pharma reached a bankruptcy deal with individual victims and tribal, state, and local governmentsat deal would see its owners pay $6 billion in compensation. that means the company would go bankrupt but the family would not and they could not be sued by any other victims. 60,000 parties agreed to that deal but the federal government wants the court to quash it, as do some family members, saying it gives them all the benefits of bankruptcy with none of the downsides. >> shame on...
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purdue pharma reached a bankruptcy deal with individual victims and tribal, state, and local governmentsat deal would see its owners pay $6 billion in compensation. that means the company would go bankrupt but the family would not and they could not be sued by any other victims. 60,000 parties agreed to that deal but the federal government wants the court to quash it, as do some family members, saying it gives them all the benefits of bankruptcy with none of the downsides. >> shame on sackler! >> in the last two decades, half a million americans have died from opioids. these are prescription painkillers which are highly addictive. at the heart of this case is a drug called oxycontin, produced by a company owned by the sackler's, one of america's richest families. people here protesting alleged the sacklers played down the effects of the drug in pursuit of profit. a bankruptcy court ordered the family to pay billions of dollars in compensation to victims and families. the supreme court is looking at that deal. people here want it struck down. >> i gave up my career as an engineer after i
purdue pharma reached a bankruptcy deal with individual victims and tribal, state, and local governmentsat deal would see its owners pay $6 billion in compensation. that means the company would go bankrupt but the family would not and they could not be sued by any other victims. 60,000 parties agreed to that deal but the federal government wants the court to quash it, as do some family members, saying it gives them all the benefits of bankruptcy with none of the downsides. >> shame on...
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pharma and whether that deal was legal. the manufacturer of the highly addictive painkiller oxycontin agreed in 2021 to pay the giant settlement, but crucially, without admitting any liability in the opioid epidemic. if the justices strike down the deal, the sackler family, which owned purdue, could find itself back in court facing a torrent of lawsuits. hundreds of thousands of americans have died from opioid addiction caused by an overprescription of drugs like oxycontin. >>> as the winter weather rolls in, anyone wearing a ski mask in philadelphia will now have to face a fine. the security council overwhelmingly approved the plan. ski masks or balaklavas will be banned in places like schools, parks and transportation among others. violators will be slapped with a $250 fine. if t-bill is aimed at helping police catch criminals, the critics say the move targets young people of color. >>> 32 female student fleets have filed a discrimination lawsuit against the university of oregon. they're accusing the school of failing to
pharma and whether that deal was legal. the manufacturer of the highly addictive painkiller oxycontin agreed in 2021 to pay the giant settlement, but crucially, without admitting any liability in the opioid epidemic. if the justices strike down the deal, the sackler family, which owned purdue, could find itself back in court facing a torrent of lawsuits. hundreds of thousands of americans have died from opioid addiction caused by an overprescription of drugs like oxycontin. >>> as the...
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the supreme court seems divided as it reviews a landmark bankruptcy settlement for purdue pharma.s the company behind the powerful painkiller oxycontin. the drug is linked to tens of thousands of overdose deaths. the justices heard arguments over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuits. under the terms of the settlement, under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits with opioid victims and state governments. but the biden administration says by guaranteeing immunity, the deal violates federal law. justice elena kagan questioned if the government should end an agreement that was approved by opioid victims. it's overwhelming the support for this deal. >> and among people who have no love for the sacklers, among people who think that the sacklers are pretty much the worst people on earth. they've negotiated a deal which they think is the best that they can get. so i'm wondering why one nutcase holdout should hold up something like this. >> members of the sackler family have denied wro
the supreme court seems divided as it reviews a landmark bankruptcy settlement for purdue pharma.s the company behind the powerful painkiller oxycontin. the drug is linked to tens of thousands of overdose deaths. the justices heard arguments over whether the owners of purdue pharma, the sackler family, can be protected from future lawsuits. under the terms of the settlement, under the bankruptcy deal, the sackler family would pay about $6 billion to settle lawsuits with opioid victims and state...