states since 1999. 15 states recently agreed to abandon their fight to block the bankruptcy plan of purdue pharmae maker of the highly addictive oxycontin. in exchange, purdue will release tens of millions of documents and pay a settlement expected to reach $4.5 billion. the owners of purdue, the sackler family, will agree to cede ownership of purdue but will not have to admit responsibility for their role in fueling the opioid epidemic. they will also be shielded from future opioid lawsuits. meanwhile closing arguments will be held next week in a closely watched federal trial in west virginia against the nation's three largest drug distributor. -- three largest drug distributors. we turn now to a stunning two-part documentary directed by alex gibney about big pharma's role in driving the opioid crisis. is titled "the crime of the century." >> the was a representive of pure and he said weick up a of the cal and takup as ch as yoneed and said it soundlike a dl. >> within t las20 years more than 500,0 americs ha been kied by overdos. controed-relse ocontin wi be the ug that triggered th ocontin - t

major development in the case against the makers of oxycontin, 15 states reaching a deal with purdue pharma it's all about their bankruptcy plan, and the lawsuits filed about how purdue marketed its prescription painkiller in ways that got more americans hooked it's expected to be a $4.5 billion settlement. one of the largest amounts ever paid in the country's history, yet just a fraction of the money purdue pharma and the slacker family raked in from selling oxy. 4.2 billion will come from the sackler family's private fortune, the deal will also make tens of millions of internal documents public the sacklers must give up ownership of purdue pharma and never work in the opioid business again more than half a million americans have died from opioid overdoses in the past two decades, according to the cdc. now thousands of families who have lost loved ones are a step closer to getting some measure of compensation for their loss cnbc's valerie castro is here with details hi valerie. >> the part of this deal that many attorneys general are unhappy about, even the ones that agreed to it is the fa

purdue pharma is a privately owned company, owned by members of the sackler family.inating about this in bankruptcy, the way you guilgot there this is a company that pled guilty to felony charges but in between the family took $10 billion out of the company the only way it ends up in bankruptcy is the family takes all the money out of it so the family has been sitting on the sidelines of the bankruptcy process, having made a huge amount of money from the sale of opioids, taken this money out and they're basically going to put up money in order to make this go away and be issued a permanent grant of immunity in the bankruptcy process despite the fact that sackler family has not declared bankruptcy. >> i read your book a few days ago, it's on its way to being the best business book of the year in my view. you follow the family from their immigrant roots through the empire building they did in a lot of ways it feels like the god father, immigrant families come to the united states and build an empire to where they're in control of some of the top elites in u.s. society.

. >> 15 states reaching a deal with purdue pharma and the company that makes a deal with oxycontin.rescription painkiller in a way that got americans hooked. one of the largest amounts every paid in the country's history. yet just a fraction of the money perdue pharma and the family raked in from selling oxy. $4.2 billion will come from the sackler family's private fortune. the deal will also make tens of millions of internal documents public the sacklers must give up ownership of perdue pharma and never work in the opioid business again more than half a million americans have died from opioid overdoses in the past two decades according to the cdc now thousands of families who have lost loved ones are a step closer to getting some measure of compensation for their loss hi, valerie. >> a part of this deal many attorneys general are unhappy about even the ones that agreed to it is the fact the sackler family has not admitted any wrongdoing the money will go towards treatment and care and massachusetts alone is expecting $90 million. >> it is impossible to put a price on what the sackl

. >>> after years of negotiations, states that once opposed a settlement with purdue pharma for its role in the opioid crisis are changing paving the way for the wealthy sackler family to pay billions. here is kate snow. >> reporter: with a bankruptcy court deadline looming, 15 states cut a deal with purdue and the billionaire family that founded the company, the sacklers. >> they should be hold responsible for this conduct, their conduct, and that's what we're doing here today. >> reporter: the biggest new item, millions of new documents including emails will eventually be made public. >> our job as ags was to look at what our families needed. they wanted full disclosure, transparency, a light shown, the secrets to be told. >> reporter: the sacklers will pay more than $4.3 billion of what's expected to be an $8 billion settlement sackler family members called the resolution an important step toward providing substantial resources for people and communities in need. but no agreement to remove the sackler name from major museums. the sacklers are shielded from future liability, and don't

states reached a deal with purdue pharma that would clear the way for a multibillion dollar settlementthe company's role in the country's opioid crisis. the funds would be used to prevent any future devastation. last year, produced led guilty to criminal charges related to oxycontin, which it knew was addictive. roughly half a million americans have died from overdoses. you're watching "bbc world news america." still to come tonight, departing under cover of darkness. jacob zuma h to present. we will have the latest. the olympic games in japan will be held without spectators after a spike in coronavirus infections. the games, which have already been delayed by a year, start in two weeks. we have more from tokyo. reporter: the decision not to allow any spectators was somewhat expected, especially after that latest state of emergency was declared. because you cannot exactly tell people not to go out, but to say you can still go and watch the olympics. especially because the state of emergency means a pause in restaurant, they cannot serve alcohol and must close early, including departmen

. >> the deal doesn't cover purdue pharma and the sackler family. t as purdue goes through bankruptcy and it's not a completely done deal yet at least 14 states express support for the settlement, all states have 30 days so sign. if a certain threshold isn't met, the deal may fall apart none of those involved admitted wrong doing. they expect more than 40 states will sign on unlike in the tobacco settlement which saw the money being put to other uses in states, this money is to be used to address the opioid crisis. >> it will bring desperately-needed resources to our state, an estimated $750 million here to help those find freedom from addiction and happiness. >> not allstate states are on bd one saying it's not enough money and they think the republicans have blocked a vote to start debaty can do bet erb better in court. >>> republicans have stopped a debate on an infrastructure pack the nsenate majority leader say it's time to get the ball rolling. what happens next? >> reporter: well, shep, they keep talking even though the vote did fail along par

after the headlines. 15 states have agreed to abandon their fight to block the bankruptcy plan of purdue pharma the maker the highly addictive oxycontin. in exchange, purdue will release tens of millions of documents, pay a settlement expected to reach $4.5 billion, and the sackler family will agree to cede ownership of purdue. the deal, which includes the states of new york and massachusetts, would shield the sacklers from future opioid lawsuits. the sackler family will not have to apologize or admit responsibility for their role in fueling the ioid epidemic, which has claimed hundreds of thousands of lives. nine other states and washington, d.c., still oppose this week's agreement and are expected to keep fighting the sackler bankruptcy plan. president biden met with top cybersecurity advisers this week as the white house vowed to address mounting cyberattacks with russian officials. bloomberg reports russian government hackers are behind a breach of a republican national committee contractor last week although the source of the breach has not been confirmed. the attack happened around the sa

. >> the deal doesn't cover purdue pharma and its billionaire owners the sackler family, negotiating due goes through bankruptcy or a number of other companies also facing opioid litigation. it's not a completely done deal yet. while at least 14 states express support for the settlement, all states have 30 days to sign on, and then another few months to convince counties and cities within their states to join as well the more that join, the larger the payout overall if a certain threshold isn't met, the deal may fall apart none of the companies in the settlement admitted wrongdoing north carolina attorney general josh stein said they expected more than 40 states would ultimately sign on and unlike in the tobacco settlement, which saw the money put to other uses in states, this deal is designed to address the opioid crisis. >> the $26 billion agreement will bring desperately needed resources home to each of our states an estimated $750 million here in north carolina. to help people struggling with opioid use disorder find hope, freedom from addiction, and happiness. >> not all states a

of congress have blamed the fda for approving new synthetic opioids along the drug makers like purdue pharma who are prosecuted for their roles and marketing. the highly addictive drug oxi cotton. >> now to our 4 zone forecast tonight. plenty of changes on the way as we get ready for the start of the new workweek. meteorologist is here now with what we can expect. good evening. risa. >> and they're just seen in, jonathan. yeah, we're tracking monsoonal moisture making its way to our east bay valleys. and for those of you in the south bay with that thick fog bank right now. hanging tight along our bay area coastline. so quite the micro climate outlook. and that's going to be the key word in the coming days because we're tracking high fire danger, believe it or not because of the threat of dry lightning with monsoonal moisture. that is not going to bring us much rain. in fact, that dry lightning threat that is going to increase our threat for wildfires if any do spark specifically for our highest peaks in the north bay mountains, east bay hills and diablo range pretty much elevations above 200

reservoirs in the state are already at dangerously low levels. 15 states endorsed settlement with purdue pharmae opiod epidemic. the maker of oxycontin and its owners, the sackler family, will release millions of documents and accelerate compensation to the states. the massachusetts attorney general praised the new term but let the company emerged from bankruptcy. >> today's resolution delivers the most important thing we have been fighting for, a reckoning that exposes the sackler supposed to feed misconduct, strips them of their power, and provides money that will be dedicated entirely to prevention, treatment, and recovery. stephanie: the u.sfood and drug administration reversed itself today on a new drug for the memory-destroying disease simmers. it had initially approved drug use. now the biogen drug will be limited to patients with mild cognitive impairment. the europeannion cognitive -- michael avenatti previously represented stormy daniels in her fight with president trump. still to come, how the surfside collapse raises concerns about future investments in other buildings. texas republ

. >>> 15 more states joined the strmt with purdue pharma moving the company closer to rchlg opioid lawsuits and exiting bankrupty. the updated agreement calls for purdue to release millions of internal documents nine states and the district of columbia have not signed on. >>> and first it was drought now it's grass hoppers and lots of them they are infessing farms and ranches in utah and 14 other states where the ultradry weather has helped the bug survive and multiply you are now up to date scott. back to you. >> sekaidah'ses with grass hoppers what's next. >> we can't win. >> rahel, thank you. >>> i mentioned the najarian brothers making moves in the market we wanted you to know about jon and pete joining us. doc you're up first. thanks for coming on even though not regularly scheduled. what are you doing. >> well, scott, right at the end of the show yesterday somebody stepped in in a big way into the spxu this is at triple-levered etf that's triple levered inverse -- in other words obviously it goes up as the spx goes down. and that was pretty shrewd timing, you might say, scott, because

at dangerously low levels, with the sumr just begun. 15 states today endorsed a settlement with purdue pharma over the opioids epidemic. the maker of oxycontin and its owners, the sackler family, will release millions of documents and accelerate compensation to the states. massachusetts attorney general maura healey praised the new terms to let the company emerge from bankruptcy. >> today's resolution delivers thmost important things we've been fighting for. a reckoning that exposes the sacklers' conduct, strips them of their power, and provides money that will be dedicated entirely to prevention, treatment, and recovery. >> woodruff: ten other states have rejected the settlement. the u.s. food and drug administration reversed itself today on a new drug for the memory-destroying disease, alzheimer's. it had initially approved broad use of aduhelm. now, the biogen drug will be limited to patients with mild cognitive impairment or mild dementia. the european union has fined german automakers $1 billion for blocking emissions controls that might help address climate change. the companies are bmw

>> still ahead on "morning joe," several states agree to a multibillion dollar settlement with purdue pharmanow a booster shot could be on the way. >>> and president biden defends pulling u.s. troops out of afghanistan as the taliban makes advances in the region. we'll talk to press secretary john kirby. you're watching "morning joe." we'll be right back. from prom dresses to workouts and new adventures you hope the more you give the less they'll miss. but even if your teen was vaccinated against meningitis in the past they may be missing vaccination for meningitis b. although uncommon, up to 1 in 5 survivors of meningitis will have long term consequences. now as you're thinking about all the vaccines your teen might need make sure you ask your doctor if your teen is missing meningitis b vaccination. washed your hands a lot today? probably like 40 times. hands feel dry? like sandpaper. introducing new dove handwash, with 5 x moisturizer blend. removes germs in seconds, moisturizes for hours. soft, smooth. new dove handwash. to make my vision a reality my varilux progressive lenses provide se