purdue pharma had reached a deal worth billions. this weekend, it was revealed, authorities identified $1 billion in wire transfers by the sackler family. new york and other states suggest the family is moving moneyoff shore. >>> arriran is denying any role after being blamed directly by the u.s. and raising the likelihood of a meeting. >> all this follows coordinated drone strikes saturday on key saudi oil facilities. this is among the largest world centers. it disrupted 5% of the daily oil supply. satellite pictures show the plume of smoke. the is likely the attack where it was started in iran. let's bring in nick paton walsh. what are we learning? >> we're getting more on how the u.s. is going to measure its response. mike pompeo, very clear who was responsible. and using the phrase of locked and loaded, that a military action didn't necessarily after that. he's not moved us in any direction. but the possibility that he is weighing it with his national security team, will have many here, possibly on-edge. u.s. officials suggested

it means shutting down purdue for good.ccountability means listening to the families who are calling for justice. joining us now is the massachusetts a.g., mora healy, madame attorney general, thank you so much for joining us tonight. good to have you here. >> great to be with you, rachel. >> so we've been watching the legal accountability issue for the opioid crisis sort of spread out as the companies and the families enriched by the companies' behavior try to make their legal liability come to an end. they try to sort of cut these things off and try to protect themselves. what is your big picture view of where we are right now in terms of legal accountability for the crisis? >> well, you nailed it, rachel. this is about accountability. look, purdue going out of business is a really good thing. but the sacklers can't and shouldn't use the bankruptcy proceeding as a vehicle to shield themselves from liability. and from accountability and ultimately that would be wrong for the more than 400,000 families across this country w

let's try and understand here that purdue pharma is a stand-alone company. this last piece of evidence from new york that they sent money into a swiss bank account, there appears to have been a lot of that going on over the year with purdue pharma. >> exactly. it was the way in which the company was working, which is why here in pennsylvania we not only sued purdue pharma but sued the sacklers personally. when they were making tens of billions off the sale of oxycontin, they weren't leaving all that money sitting at purdue pharmaceuticals. what the sackler family who own and operate purdue were doing was they were sucking that money out of the company and sending it to offshore accounts, they were sending it to trusts and eventually that money was just going into the pockets of the sackle sacklers. so when a company like purdue declares bankruptcy, as they did late last night, the real assets aren't sitting at the company anymore, it's sitting in the pockets of these billionaire sacklers and it's my job as attorney general of pennsylvania to reach into their

anything offered thus far the challenge, purdue threatened to declare bankruptcy if the offer isn't accepted leading to less money for the states. >> 400,000 americans died from the crisis and so those democratic ags are saying their citizens should get more money out of the deal. >> reporter: in a deposition, owner richard sackler said purdue's strategy is to sell more oxycontin. >> the way they were set up, if they sold more oxycontin, they made more money? >> yes, yes, the same as almost every other company in the industry. >> reporter: tonight, purdue says it continues to work with all plaintiffs on reaching a comprehensive resolution to its opioid litigation that will deliver billions of dollars and vital opioid overdose rescue medicines. the sackler family also out with a statement. they say this is the most effective way to address the urgency of the current public health crisis and fund real solutions, not endless litigation meanwhile several state attorneys general say they will continue to pursue the sackler family wealth regardless of any deal lester >> tom costello in th

exposed purdue to catastrophic liability. that purdue would collapse under the weight of criminal and civil investigations and more than 100 lawsuits the sacklers engaged in a concerted planned effort to siphon billions of dollars oust purdue pharma and transfer it to themselves and other entities in the sackler pharmaceutical enterprise. between 2008 and 2018 they directed purdue to make nearly $11 billion in total distributions to partnered companies, foreign entities, and ultimately to trusts established for the benefit of the sackler families." so this company is facing these thousands of lawsuits. settlement talks with breaking down because the family that owns the company was refusing to give up more of their own money. turns out the money they've got is money they sucked out of the company when they realized the company was going to be sued for all it's worth. and so now oh, by the way, turns out there isn't that much to take from the company because it's going bankrupt. so sorry for your loss, we gamed this out years

but it's clear to me that there has not been an agreement to shut dorm purdue phaand for purdue management the sacklers to get out of the opioid business completely in the u.s. and abroad, never to return. i don't think that that's been offered, and i don't thk that's been agreed upon. with respect to the dollars, 's just clear to me that sufficient. offered isn and the scale of what is thef largest public health crisis, at least in my lifetime, isn't met by $ billion or something approximating that. and certainly, there's been no offer of something like 0 billion or $12 billion that's been reported by the press. any sugg'stion that then offer of that size in guaranteed, committed dollars tp treatment andrevention is inaccute. >> nawaz: there are several peopleho will say, ook, $3 billion say starting point." you're not being specific with how muchoney you would liketo see. but those same victims and families that you say need ur help, $3 billion would begin to help. and this would not end the path for accountability. there are stillabeveral otr litigation paths ahead. what do you say to t

other allegations that purdue and members of the sacklerfamily that purdue and members of the sackler crisis, and pointed to heroin and fe nta nyl as crisis, and pointed to heroin and fentanyl as more significant than other painkillers. that crisis goes on and so does the legal fight against purdue. the war in afghanistan has been raging for almost 18 years. now the country is facing a renewed crisis after the breakdown of peace talks between us and taliban leaders. last month alone, thousands of people lost their lives. the bbc has tracked every conflict related death, both military and civilian, for august and the figures are shocking. more than 2,000 people died and almost 2,000 were injured in more than 600 incidents across afghanistan. among them were 97a taliban fighters who were killed and a73 civilian deaths over the last month. our chief international correspondent, lyse doucet, reports from afghanistan on the human cost of war. not a day without violence. not a day without loss. one month in afghanistan. the darkest day of all, a wedding hall, 92 dead. a suicide bomber of is

>> yes, yes, sir the same as almost every other company in the industry. >> reporter: purdue says it continues to work with all plaintiffs on reaching a comprehensive resolution to its opioid litigation that will deliver billions of dollars and vital opioid overdose medicines. >> our thanks to tom costello for that report. >> more on the nfl stars facing sexual assault allegations and a new lawsuit. antonio brown is accused of rape just days after the wide receiver was released by the oakland raiders and signed by the patriots new england has indicated that they will stand by brown the question remains as to whether the league will place brown on the commissioner's exempt list during the investigation. nbc's miguel almaguer has more >> reporter: back on the field and also the target of serious allegations, star wide receiver antonio brown practicing with his new team for the first time after he was hit with a civil lawsuit, accusing him of rape. his former trainer world class gymnast brittany taylor accuses brown of sexual assault on three separate occasions the most serious last yea

see purdue file for chapter 11 bankruptcy in the complete dissolution of purdue, that does not mean it'lle performed into a new company and it will stil still l oxycontin. the major issue, a lot of corporations have been selling and marketing the product to consumers across the u.s. without dictating the harm over the past several years. overall we have seen in the last year, maybe less then a year, open wide bracketing. is not just about purdue, you have several cases with johnson & johnson for example, based on $572 million through oklahoma. , purdue like we mentioned 12 billion. and international, 10 billion, . at this moment, the latest we have in a tentative deal has been brokered between the 2000 loss and purdue pharma, there are still several state attorney generals they do not agree with this and they have filed their own personal lawsuits against the sackler family. again they are the family that owned and operated purdue pharma and a lot of this has to do with the sale of oxycontin and how the opioid epidemic started. were getting more news as it continues. liz: big story. thank

purdue pharma has been acced of aggressively marketing opioids and misleading doctors. it has reached a tentative settlement with several states. ndour north america correst nick bryant reports. nick: these are the quiet rituals of opioid america.al a pair are visiting is tryinto bash visiting a shrin- a pr are visiting a shrine to a child who overdosed on heroin. bujeff was 28 when he died his mother told us his drug addiction began a decade earlier when he was prescribed painkillers as a teenager. he did not miss practice. or game he was an amazing kid. nick: jeff had beeininjured playg american football in high school and started taking oxycontin, a drug prosecutorsti allege was deceptively marketed by purdue pharma, owned by the sackler family, one of the richest in america. in the early days, did you have eany sense of how addictive -- no, no, no. like, no, no, no. it really bothers me because no one ever told us there was an addictive quality at all. they purposely setut to misguide doctors, ms. lee -- sld t public, and have everyone assume they were safe. nick: p

the first bankruptcy hearing for the producer of purdue pharma is underway right now.e filed for bankruptcy as part of a deal to settle more than 2,000 lawsuits against them, lawsuits brought by local communities across the nation for the company's role in fueling the opioid crisis. so what is going to happen today, and what does this mean for the thousands and thousands of families across the country that are battling against opioid addiction as we speak? joining me right now is one of the lead attorneys representing the thousands of plaintiffs in the federal opioid case, paul ferrell. paul, thank you for joining me. >> no problem. thank you for having me. >> thank you. what are you expecting to happen today? >> well, today is day one. it's the first day, as they call it in the bankruptcy proceedings, so it's gathering of lawyers in white plains, new york. the bankruptcy judge is going to look over the petition and make some immediate decisions regarding the operations of the company and then begin developing a plan for the sale of assets for the debts. >> what kind o

barrow's contribute to america's lawyer was on hand to break down purdue pharma declaration and what it could mean going forward for the fight over who will pay for the opioid prices and how much grieving families will get. plus oil prices and shot up on the news of a drone attack on saudi oil facilities horwitz above trading at standing by to begin to oil prices and whether the incident is a one off or the start of a trend. i'm up with happened with. facebook getting regulators around the world to set up a little straighter in their chair and actually pay attention to the space. as current currencies continue to disrupt the payments space governments are waking up to the risks christiane managed to catch up with matthew walk to get his view on the future of regulation in the thin tech space so much content to fit in just 27 minutes can we do it just watch let's go to the 1st strike in more than 10 years by the united auto workers union leads our global report today as 46000 workers at general motors bring production to a halt at $55.00 plants across the united states the current con

that crisis goes on, and so, too, does the legal fight against purdue pharma.t some of today's other news. police investigating the grenfell tower fire have interviewed the london fire brigade under caution. the london fire commissioner, dany cotton, said the service had voluntarily spoken to officers in connection with the health and safety at work act and that they were committed to assisting investigators. the father of a student who was found dead while studying at the university of liverpool has told an inquest that the family were not told about her previous suicide attempt three months earlier. nineteen year old kiera thacker was discovered in her halls of residence in may last year. a 17 year old boy has admitted murdering peter duncan, a solicitor, in newcastle. he was stabbed with a screwdriver as he walked through a shopping centre last month. the boy can't be named due to his age. the actor christopher eccleston has revealed he's battled the war in afghanistan has been raging for almost 18 years. now, the country is facing a renewed crisis after the

allegations that purdue and members of the sackler family with involvement in the company refute.to the crisis, and pointed to heroin and fentanyl as more significant than other painkillers. that crisis goes on and so does the legal fight against purdue. you're watching newsday on the bbc. still to come on the programme: it is the world's deadliest conflict, and the violence is escalating. we report on the human cost of afg hanistan‘s war. also on the programme: are we causing catastrophic damage to our seas? i'll be speaking to the un secretary general‘s special envoy for the ocean. 30 hours after the earthquake that devastated mexico city, rescue teams still have no idea just how many people have died. there is people alive and there is people not alive. we just can help and give them whatever we've got. a state funeral is being held for princess grace of monaco at the church where she married prince rainier 26 years ago. it looked as though they had come to fight a war, but their mission is to bring peace to east timor, and nowhere on earth needs it more badly. the government's

what it means for the thousands of lawsuits against purdue phrma and the founding family the sacklers. >>> and climate change is a threat to our national security and we'll hear from al roker on his reporting from the glaciers of green land. but oil prices have spiked after drone attacks on saudi arabia's oil facilities which could mean likely will mean higher prices at the pump. the attacks on saturday knocked out more than 5 million barrels of daily crude production. that is half of saudi arabia's daily export capacity. that caused brent crude futures to jump more than 19% at the open today. that is the biggest jump in history. almost $72 a barrel. take a look at west texas intermediate, this is light sweet crude which we use in the united states, different from brent crude which is the global standard. but our oil prices are up as well to $62.16 a barrel. president trump says that he is authorizing the release of oil from the strategic petroleum reserve to keep the markets, quote, well supplied if needed. >> both the u.s. and saudi arabia believe iran is behind the attacks. preside

off opioid based pin killers especially signature drugs like oxy cotton and under this settlement purdue would also reportedly donate drugs for treatment of addiction and overdose and the sackler family would be out of pocket $3000000000.00 in cash over the next 7 years what the deal does not include is an admission of wrongdoing and if it is approved purdue would not face trial in ohio next month which would be the 1st federal trial over this opioid crisis so those are the bare basics that we know so far of this tentative proposed settlement agreement daniel right and usually the enticement for agreement with a big payout is that at least you can settle whatever you know toward surratt issue when the suit if this goes through is this the end of it for purdue does this give them some certainty for the future that they. did this up. i think that that would be the hope i think because these talks have been going on for years before these opioid cases started making it to trial of course we saw one of the 1st state cases in oklahoma you saw that murders there so it's no big surprise that th

it seems the sackler family, purdue pharma, now may be willing to pay up? l, well, they're offering a certain amount of money, and, first of all, the amount of money is way too small. there's still millions of people who now are still fighting addiction. and that addiction has come from the initial prescription from frioids. >> reporter: well, meanwhile, the threat of bankruptcy looms. a source close to the negotiations says there is no specific timing for a potential lling, but cbs news has learned that purdue has given plaintiffs a deadline of tomorrow to accept the terms of the deal, norah, or the pharmaceutical giant will file for bankruptcy. >> o'donnell: wow, mola, thank u.u. ind we're learning more tonight about a serious situation outside st. louis. d freight train loaded with a iqammable liquid derailed and caught fire today in dupo, illinois. nearby schools and a mobile home park were evacuated as thick, black smoke spread through the area. tonight, the fire is out, and no injuries are reported. and we learned today that the men who were rescued f

purdue pharma the maker of oxycontin filed for bankruptcy the move experts say is an attempt to force a settlement of over 2,000 lawsuits. kate sf snow reports. >> reporter: with the bankruptcy filing lawsuits against purdue will be put on hold. the first step toward what the company and owners, the sacklers, call a $10 billion settlement. but today, resistance. >> this proposed deal isn't worth nearly what they say it is it doesn't require the sacklers to pay back a dime of the billions of dollars they sucked out of purdue. >> reporter: the massachusetts attorney general, one of 25 that reject the idea of settling with purdue on the other side, 29 attorneys general who support the deal including states like ohio and west virginia where opioids flooded in purdue's chairman said they chose not to spend all their money battling lawsuits. >> we think the best answer is put the company on the table, have a settlement so that all of the value can as soon as possible go to the unfortunate victims of the opioid crisis. >> reporter: on friday, new york's attorney general said in a court filin

if it does that, the sackler family owning purdue will find itself in unwelcome spotlight.yrrell explains. >> they are among the richest families the sackler aim adorns university from universitiet to museum, the blockbuster pain killer ox int coloradan. ey are in lawsuits with many cities, the family is a big are target. >> we have evidence that members involved in seems conversations, marketing, planheng, accompanied sales representatis on calls. they are part of the entire enterprise in a which that is it generally not normal just for j people who have owned a share of the company. ahead of the first federal trial in the opioid lawsuit scheduledor october purdue and the family have been in attorneys general and others.te pu wh but according to the state ags the sides aren't on the same pagess pro and the company has reportedly threatened to file for bankruptcy if the settlement isn't reached. >> it's problematic for the ligation a for t attorne generals. >> the states want to see more money guaranteed from the sack manier family but in a i edition they say if purdue file

that would be the opioid epidemic purdue pharma who makes oxycontin has filed for bankruptcy. the story is not over yet. meg tirreye has the story. >> reporter: it's just the beginning of a new one. puinue's bankruptcy filg was part of an arranged process to try to settle the thousands of cases filed fwens it from cities, tacounties,s and others claiming purdue helped cause the crisis of opioid addiction that's claimed 400,000 lives over two decades. the bankruptcy w planch would turn purdue over to plaintiffs $10 deal it values at billion comes with the agreement of 20 states but with the opposition of at least 10 others. we have 24 already agreed to this. there are some states that have been vocal in their objection thinking thee may be m money. i don't know what their objections in total may be, i remain hopeful that we will get to a solution that they can all buyinto. >> reporter: the final resotions for bankruptcy has to be voted on by creditors according to attorney joe rice. he's one of the several attorneys. they're suppo'rive of the agreement with purdue but several s

coming up, purdue pharma filing for bankruptcy protection. the lawsuits its facing >>> the rally taking pause as oil's big jump in price weighs on stocks. what do the markets need to hear from the fed this week to send 'locks to new highs? wel cover that when we come right back our money should always be working harder. that's why your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account today. (classical music playing throughout) >>> welcome back purdue pharma is filing bankruptcy protection. >> we're told the attention of some states does turn to the family after purdue declared bankruptcy i spoke this morning with joe rice of motley rice they are on onboard with the puu arrangement and they said they filed a motion now to sever purdue from that litigation and they'll continue to the suits against the other defendants he indicated this is ant done deal for purdue. it's the beginning of a process that creditors will have to vote on our david

purdue pharma has been accused of aggressively marketing opioids and misleading doctors.ative settlement with several states, worth $12 billion. 0ur north america correspondent, nick bryant, reports. these are the quiet rituals of america's opioid america. a parent visiting a shrine to a child who overdosed on heroin. his drug addiction began a decade earlier, when he was prescribed painkillers as a teenager. jeff had been injured playing american football in high school, and started taking 0xycontin, a drug prosecutors allege was aggressively and deceptively marketed by purdue pharma, a company owned by the sackler family, one of the richest in america. did you have any sense of how addictive 0xycontin was? no, no. and it really bothers me because nobody told us there was an addictive quality at all. they purposely set out to misguide doctors, mislead the public, and have everyone misunderstand and assume they were safe. purdue has now filed for bankruptcy, part of a proposal to settle some of the thousands of lawsuits against it, protect it from others, and to provide m

purdue pharma has face aids wave of lawsuits.arently, the company's made a settlement offer to resolve all of these out standing lawsuits, purdue upon pharma is willing to pay $12 billion, $3 billion will come from the sackler family. the massive tobacco settlement of 1998 totaled about $206 billion. no one would defend cigarette smoking. over do i do tell kill you. but smoking doesn't turn teenagers into zombies. it hasn't destroyed entire towns. the sacklers are hoping to get off with 6% more than the tobacco companies paid 20 years ago that's just wrong. according to bloom bloom berg, they will retain a billion and a half dollars after the settlement. is that justice? no, it's not b. unfortunately, it's a now familiar pattern in american life. the ruling class, gets incredibly rich by wrecking our country, in this case by killing many thousands of young people at the same time get caught doing t details emerge. everyone in washington, new york, and los angeles, spends a week pretending to be horrified, concern, and nothing hap

you had 48 states pursuing purdue pharma.purdue pharma, and half of them have not, including big states like new york, connecticut, which is where purdue pharma is based, newjersey, pennsylvania, some of the big states, who have been very aggressive not just states, who have been very aggressive notjust in pursuing purdue pharma, but certain members of the family with involvement in the company. they think they should put up more money. minimum is $3 billion of that family fortune as pa rt billion of that family fortune as part of this proposed settlement. states like new york would like to see more. they would also like to see more. they would also like to see the sackler family and purdue pharma actually accept blame for what they accuse as they are a part increasing the opioid crisis and the choices which fuelled the crisis. and this deal, this proposed settlement, which is going to be put before the bankruptcy court at purdue pharma. this is the response from new york state attorney general. any deal which treats american

the family made $4 million in the past decade from purdue.thy for those who were affected by this. what is your response to him? >> it's laughable. if they really had empathy for these folks that. >> wouldn't have targeted them in the first place, and they would be working with state attorneys general to actually solve the problem. instead, what they've done is they've put a proposal, and erin, respectfully, i wouldn't even call it a settlement. a settlement requires both sides to. could together and agree. but they put a proposal on the table that is really just a slap in the face to the people of pennsylvania, a slap in the face to millions of americans. and let me tell you something. the sacklers have made billions off the sales of oxycontin. and i sued them on behalf of the people of pennsylvania, and i will take as much time as it needs to reach into their billionaire pockets and pull out these ill-gotten gains and return them to the people of pennsylvania who are suffering, to use it for treatment, to use it to help these families cope

we now know that purdue pharma understood exactly what they were doing.ngs exposed internal communications in the company. pressured so sell as many pills as they could without regard to the risk. physicians were urged to prescribe the highest doses of the drugs to maximize profits. >> when people learned people were becoming junkies as a result. purdue pharma began shaming the president hooked degenerate criminals essentially or refusing to take any responsibility at all for the human carnage they caused. it's hard to imagine an uglier story. throughout all of it, we should note, purdue pharma's owners, the sackler family grew spectacularly rich. looking back repulsively rich. earliy they're year the sacklers were estimated to have more than $12 billion in the bank thanks to the opioid epidemic the sackler family is now one of the 20 richest families in this country. in the last three years purdue pharma has faced a wave of lawsuits from the people and places devastated by its pills. apparently the company has made a settlement offer to resolve all of th

purdue offered a potential agreement valued at $10 billion to $12 billion.ompany would have dissolved and reformed with future profits going to the plaintiffs. the sackler family the 19th richest in the country would have paid at least $3 billion themselves. while 23 states and a group representing all the local governments agreed to the terms nbc news confirmed that at least 26 states, including big players like massachusetts, new york and connecticut, were opposed. >> they helped to start this fire that's now engulfed the country. and then they poured gasoline on it. and instead of helping us put it out it seems they're going to choose now to watch it burn. >> reporter: on friday new york's attorney general said the sackler family made at least a billion dollars in wire transfers, fueling claims the owners were trying to hide assets. on sunday the purdue board voted to go ahead with a bankruptcy filing as a framework for a settlement, purdue releasing a statement overnight saying in part this settlement framework avoids wasting billions of dollars but will

on a landmark opioid litigation settlement of course, purdue, the maker of oxycontin, number one on the hit list when you think about the potential -- or those responsible for or are being held for the horrible opioid crisis that has engulfed the country over the last decade, over 4,000 deckaths now, remember, there already has been a settlement with two other states, but there are 24 states that have not yet signed on. this morning the company's chairman steve miller who's been there over a litter more than a year sat down to explain to me why this is an important moment and why he's hopeful he can convince any other number of state a.g.s to join said settlement take a listen. >> this is a fork in the road. there are two choices here one is to inplea meant the settlement, which means we have to get more states than beyond the 24 we already have, and we'll be working on that starting today but the other choice is instead to revept the litigation we think the best answer is put the company on the table, have a settlement so that all of the value can as soon as possible go to the unfo

right now in new york a showdown in bankruptcy court beginning just about 12 minutes ago over purdue pharma's bankruptcy filing, why several states are expected to fight this thing and the manhattan district attorney issuing a subpoena for the president's tax returns. what does this move mean for those who want to uncover the president's personal and business finances? we're talking about both next. ♪ limu emu & doug and now for their service to the community, we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> happening right now as of about 15 minutes ago, one of the nation's biggest drugmakers is in a new york courtroom. purdue pharma reps are in front of the judge for the first time after the controversial bankruptcy filing. part of its plan to settle this multi-billion lawsuit over its role in the opioid crisis. purdue

serious objection wally varos contributed to a vote to america's lawyer she's on hand from breakdown purdue pharma xp to encroach he declaration to and what it could mean going forward for the fight over through will taper the opioid prices and how much grieving families won't good plus oil prices and shot up on the news of a drone attack and saudi oil facilities todd horwitz above a trading at standing by to begin to oil prices and whether that incident of the one off or the start of a trend lot i love with happened with the grow and feast book getting regulators around the world at it sit up a little straighter their chair at actually pay attention the space as in current as it'll currencies continue to disrupt the payment space governments are waking up to the risks christiane managed to catch up with matthew roz a walk to get his view one the future of regulation in the thin tech space so much constance if it in just 27 minutes can we do it just watch let's go to 1st striken more than 10 years by the united auto workers union leads our global report today as $46000.00 workers a general

. >>> purdue pharma, the makers of oxycontin files for bankruptcy. what that means for the thousands of lawsuits that they face and the family who's behind it all next. >>> if you saw the news over the weekend that purdue pharma was declaring bankruptcy, you might think, well, just deserts. here's this company that multiple independent reports, investigations show used a variety of tactics to put on the entire medical system, from hospitals to doctors. not just to ensure that the opioid the company produced for pain got prescribed but that the entirety of american medicine reconceptualized the importance of pain and pumped opioids into its patients. it was extremely lucrative as an undertaking. more than $35 billion in sales launched in 1996 according to the wall street journal. the company was extremely successful in pushing prescriptions. opioid sales sharply rising in the critical years from the late '90s onward. it was devastatingly destructive to america. they were involved in more than 47,000 drug deaths according to the cdc. nearly 218,000 peo

purdue fapharma currently faces 2600 lawsuits from cities and states across the country.y say purdue pushed the sale of the prescription painkiller for years but did not explain its consequences which have since proved catastrophic. joining me connecticut attorney general william tonge. you did not sign on the settlement. why not? >> that's right, i'm a part of a coalition of democrats and republicans who represent the majority of states because of this proposed settlement because is it doesn't do enough to fund addiction science, treatment and prevention. the damage caused by the sacklers and purdue pharma far exceed what is they've put on the table. we need to call back billions of dollars to make sure it goes to families and victims. >> how much money do you want? >> we need more than $3 billion. i'll tell you that. any suggestion that it's $12 billion, that's not accurate. what's been put on the table is not sufficient and it's far exceeded the damage that's been done? >> do you think sthat the sacklers shore held accountable? >> i do. they've taken billions and billi

purdue would file bankruptcy and become a trust charged with combating the opioid epidemic.the investigative news group pro publica, we hear dr. richard sackler. >> do you know whether oxycontio is more powerful or less powerful than morphine? >> depends on what you mean by powerful. if powerful means potency, absolutely. it is twice as potent as morphine. >> reporter: previously, purdue pharma explained in a statement, while purdue pharma is prepared to defend itself, it sees little good coming from years of wasteful litigation and appeals. it's currently facing thousands of lawsuits related to opioid deaths and addictions. the deal was the quickest way to get relief for state offed devastated by the opioid epidemic. maggie rulli, abc news, new york. >> we're beginning to head to the weekend and the weather is warming up. warming up. this fall, book two, separate qualifying stays at choicehotels.com... ...and earn a free night. because when your business is rewarding yourself, our business is you. book direct at choicehotels.com cracker barrel makes every meal one to rememb

>> it seems that the sackler family, that purdue pharma may be willing to pay up? >> well, they're offering a certain amount of money. and first of all, the amount of money is way too small. there are still millions of people who now still are fighting addiction, and that addiction has come from the initial prescription from opioids. >> reporter: well meanwhile, the threat of bankruptcy looms. a source close to the negotiation says there is no specific timing for a potential filing, but cbs news has learned that purdue has given plaintiffs a deadline of tomorrow to accept the terms of the deal, norah, or do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. shhhh. i took mucinex dm for my phlegmy cough. what about rob's dry cough? works on that too. and lasts 12 hours. 12 hours?! who studies that long?! only mucinex dm relieves wet and dry coughs for 12 hours with 2 medicines in 1 pill. sh

the alice in wonderland twists and turns over the last few weeks in the search for justice against purdue pharma on the sackler family for their role in the opioid epidemic has been one doozy alk watchers well now my friends finally finally it is a bit shall we the we don't have to wait any longer as part of a deal struck last week on september 11th of all days per group arm of the maker of oxycontin filed for chapter 11 bankruptcy on sunday evening as the new york times reports this move is up the center of the company's efforts to shield itself and its owners from more than 2600 federal and state lawsuits after voting on sunday to agree to the settlement in chapter 11 steve miller now out of the band the chairman of produce board of directors told the media quote this settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation and instead will provide billions of dollars in critical resources to communities across the country trying to cope with the opioid crisis. better late than never stevie and other late than never oh and speaking of billio

a purdue pharma spokesperson declined a comment on friday's court filing. general believes there is more to the family's holdings and told a judge to enforce subpoenas so they can learn the full extent of the wire transfers. >> nbc's kathy park, thanks for joining us in new york. >>> coming up, dirty politics. republicans pull a power move in north carolina that has democrats in an uproar. stay here on msnbc. alice loves the smell of gain so much, she wished it came in a fabric softener too. [throat clears] say hello to your fairy godmother, alice. oh and look they got gain scent beads and dryer sheets too! that one?! no! what about that?! no! what about now?! no! that do it?! [ buffer stops ] still not working! how 'bout now?! no! i just don't know. i mean, i don't know who labeled this thing. yeah?! no! but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkin

purdue pharma and its owners, members of the sackler family, have been negotiating a over purdue's alleged role in fueling the nationwide opioid epidemic. mola lenghi's at purdue's headquarters in stamford, connecticut, with more on this story. mola, what could this mean? good morning. >> reporter: good morning, gayle. a bankruptcy filing could mean smaller payouts for plaintiffs in more than 2,000 lawsuits against the company. now, a source close to the negotiations tells cbs news that purdue will file for bankruptcy if those plaintiffs don't accept a settlement deal by today. and as of yesterday, those negotiations were still ongoing. richard sackler and members of his family who own purdue pharma could pay up to $4.5 billion as part of a settlement connected to the opioid epidemic. that's according to a source close to the negotiation between purdue pharma and state attorneys general. sackler family members could also give up ownership of the pharmaceutical company as part of the deal. stanford university law professor george triantis. >> what it hinges on is the negotiation of the sack

the company is purdue pharma.t's reportedly offering to settle for 10 to $12 billion which would essentially settle those lawsuits instead of going to trial for court. the owner of purdue pharmawise reportedly pay $3 billion in cash over seven years. if the deal goes through that would make it among the largest pay outs by a drug company in the ongoing opioid crisis, but it's far from clear that the tentative settlement will actually go through. the reason is actually as many attorneys general are against the deal with some saying it just scratches the surface of the problem. the company allegedly had a big hand in creating. purdue pharma, one of the four biggest sellers of opioids in the country played a significant role in the two-decade narrative of the nation's opioid epidemic because of his signature drug, oxycontin which was introduced to the market in the '90s. the company aggressively marketed the drug and down-played the addiction risks according to lawsuits. so now a number of attorneys general are sayin

. >>> we have new reporting this morning on the sackler family who owned purdue pharma. there's been discussion that the family could give up ownership and pay billions of dollars of their own personal wealth to settle thousands of opioid lawsuits, but reports about those discussions may be premature. jean cacarez is here with more. >> reporter: the litigation is set to begin in october. if the pharmaceutical manufacturer wants to negotiate a settlement before trial, now is the time. more than 2,000 states, counties, municipalities, and native american governments have come together suing opioid companies including purdue pharma. purdue pharma has confirmed to cnn that they have been involved in settlement talks, but now in a letter provided to cnn by a person with knowledge of those ongoing negotiations, two state attorney generals involved in the talks with the sackler family, owners of purdue pharma, are saying the sacklers cannot reach a deal and negotiations have broken down. according to the letter, the sacklers have rejected two proposals which included a payment

and here's abc's chief business correspondent rebecca jarvis. >> reporter: tonight, purdue pharma, the maker of oxycontin, reaching a tentative deal with more than 20 states and 2,000 local governments to settle claims over the nation's deadly opioid epidemic. a source close to the negotiations tells abc news the pharma giant will pay up to $12 billion, including $3 billion from the sackler family. the majority of the settlement is expected to go to treatment, rehab and anti-overdose measures. the deal stipulates purdue pharma would declare bankruptcy, but the company will continue to sell okay sin contin. >>, so, let's get to rebecca jarvis tonight. and many states are coming out against this deal tonight. >> reporter: that's right, david. the opioid crisis, according to the cdc, cost the u.s. $78 billion a year. and attorneys general in a number of states tonight, including new york, connecticut, pennsylvania and massachusetts have come out against the deal, saying it doesn't go far enough and that purdue pharma needs to admit wrongdoing, david. >> rebecca jarvis, i know you'll conti

purdue pharma fears profits may decrease due to news of their products killing everybody. that is a problem and 2 days from now you'll learn john bolton seen begging for a star general to let him drive one last good bye. and in 3 weeks when trump announces yet more weapons to be sold to israel c.n.n. will report. benjamin netanyahu clearly hiding under oval office desk we can see as far as i that george go but i probably have to go to your job every day. i don't even know if my taxi driver attack you for for no no i'm totally free so you can kind of the redacted poor dot com john. is a stick from the water bottle phone in the stomach of a fish the brand is spawns of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones there the litter bugs are throwing this away industry should be blamed for all this waste the company has long promised to reuse the plastic. and mainly that's seen. their plastic cost me on my end i need to stay on your phones at special projects funding me. on the i'm your best

purdue pharma fears profits may decrease due to news of their products killing everybody. that is a problem and 2 days from now you'll learn john bolton seen begging 4 star general to let him drop one last goodbye. and in 3 weeks when trump announces yet more weapons to be sold to israel c.n.n. will report. benjamin netanyahu clearly hiding under oval office desk we can see is for. that charge job i probably headed for your home. i don't even know quite frankly redaction or forecourt no no no i totally agree so you can kind of the average back and forth got caught cold john good night. this is a stick for the water bottle found in the stomach of the fish the brand is part of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones they're the litter bugs are trying this way industry should be blamed for all this waste the company has promised to reuse the plastic. to maintain. their plastic. especially if the. the fundamentals it depends on. on the new vest that is the end of it for the team of fu

. >>> also breaking, opioid giant purdue pharma, the maker of oxycontin, files for bankruptcy. we'll tell you what it means first state stock markets. >>> it was a big week in the nfl with a few franchise quarterbacks sidelined plus, some pregame pyrotechnics go terribly wrong. >>> i was an undercover cia operative. my assignment was preventing rogue states and terrorists from getting nuclear weapons. you've probably heard my name. mr. president, i've got a few scores to settle >> the president will campaign in blue state new mexico today, but he's got a welcoming party he may not find all that warm. >>> and meet the woman who swallowed her diamond engagement ring in her sleep. "early today" starts right now >> good monday morning i'm frances rivera. >> and i'm gigi stone wood we begin with breaking news. the biggest labor strike in is under way. members of the united auto workers union and general motors are walking off the job after contract workers collapsed there are concerns about the economic toll this protest could take in 2007, the general motors strike cost the automak

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