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they want to know what did the sacklers know.n 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. they have never had their day in court. they have argued that we never did anything wrong, but the fact of the matter is that there's never been an adjudication of what they knew and when they knew it. >> in your reporting of the sackler family, what did they know, what did they do regarding oxycontin? >> it's not so much my reporting, it's the investigation that the justice department did that was suppressed for a decade when the justice department settled this case in 2007, and when some of their evidence came to light a decade later, it showed that at least in the view of the prosecutors in this case, that the top executives of purdue pharma and perhaps the sacklers themselves knew that this drug was being abused from the minute it hit the market. >> w
they want to know what did the sacklers know.n 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. they have never had their day in court. they have argued that we never did anything wrong, but the fact of the matter is that there's never been an adjudication of what they knew and when they knew it. >> in your...
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but the sacklers are sa in: the finality. but the sacklers are saying that _ the finality. that they don't have - the finality. but the sacklers are saying that they don't have as i the finality. but the sacklers are . saying that they don't have as much money as people think they have. they're asserting that much of the funds were withdrawn from the companies and went to pay taxes? fit} companies and went to pay taxes? �*iiici billion that companies and went to pay taxes? 33:ir2r billion that everyone's companies and went to pay taxes? 3�*3:i2 billion that everyone's talking about that was withdrawn. the sacklers of course they at least for more than half, used to pay mandatory taxes. if there is no settlement, and if individuals go after purdue pharma, can they get to the shareholders? there's no guarantees that even if there is a significantjudgment against purdue significant judgment against purdue pharma, significantjudgment against purdue pharma, that those payments can get to the family. i pharma, that those payments can get to the family-— to the family. i was asking
but the sacklers are sa in: the finality. but the sacklers are saying that _ the finality. that they don't have - the finality. but the sacklers are saying that they don't have as i the finality. but the sacklers are . saying that they don't have as much money as people think they have. they're asserting that much of the funds were withdrawn from the companies and went to pay taxes? fit} companies and went to pay taxes? �*iiici billion that companies and went to pay taxes? 33:ir2r billion...
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>> do you blame the sacklers for ryan's death? >> i do. i absolutely do. >>> breaking news.ck at a popular bahamas resort. ♪ say a little prayer for you ♪ >>> and a night of celebration. the kennedy center honors. ♪ dancin', yeah ♪ >> announcer: this is the "cbs overnight news." >>> good evening and thank you for being with us. we begin tonight with the dramatic escalation in gaza as israel and hamas engage in some of the most intense fighting since the beginning of the war. and that fighting is taking place in southern gaza, specifically around khan yunis, the city where israel reportedly believes the remaining hostages are being held. it's been four days since that cease-fire ended that allowed nearly 100 women and children to be released. and tonight the state department says one of the reasons hamas chose to end the truce and not release all the hostages is because the group doesn't want the women to talk about what is happening to them while in custody. hundreds of protesters rallied today outside the united nations, accusing its leadership of failing women. the u.n. di
>> do you blame the sacklers for ryan's death? >> i do. i absolutely do. >>> breaking news.ck at a popular bahamas resort. ♪ say a little prayer for you ♪ >>> and a night of celebration. the kennedy center honors. ♪ dancin', yeah ♪ >> announcer: this is the "cbs overnight news." >>> good evening and thank you for being with us. we begin tonight with the dramatic escalation in gaza as israel and hamas engage in some of the most...
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and should criminally prosecute the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxycontin. at 16 years old, her attorney, michael quinn, is seeking a jury trial to keep the sackler family on the hook. >> in a way, this case is about deterrence. it's about holding corporate leaders and owners accountable for their business decisions. if approved, the bankruptcy settlement would pay $6 billion to individual families state health programs, and native american tribes over the next 18 years. >> but if the deal is blocked, legal experts say it could set a precedent for how corporate bankruptcy cases are settled andrew. andrea. derek thank you. >> the week begins with a lot of unsettled weather across parts of the west, like here in utah where this car overturned on a slippery interstate 80. snow and rain are expected to continue in many areas and there's an avalanche warning in the cascades due to rain falling on top of snow, making it unstable. >> speaking of weather, a storm that brought raw and rainy weather to coastal new england is moving out, bu
and should criminally prosecute the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxycontin. at 16 years old, her attorney, michael quinn, is seeking a jury trial to keep the sackler family on the hook. >> in a way, this case is about deterrence. it's about holding corporate leaders and owners accountable for their business decisions. if approved, the bankruptcy settlement would pay $6 billion to individual families state health programs, and...
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of pharma, the sackler family, responsible. she and other victims' families want the supreme court to approve a 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 a deal with a jury of my peers. closing the door is not going to provide any healing. >> reporter: they're urging the supreme court to reject the plan in an argument today the justices struggled. some were concerned rejecting the deal would leave many families with nothing. >> the opioid victims and their families overwhelmingly approve this plan because they think it will ensure prom
of pharma, the sackler family, responsible. she and other victims' families want the supreme court to approve a 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...
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this involves big pharma and a billion dollar bankruptcy plan and the sackler family.la reid is with us. what is at stake, paula? >> it is a historic case dealing with one of of the biggest scandals in american history, opioid crisis. nearly 640,000 americans have lost their lives to opioids in the past two decades, and right now as we speak, the justices are reviewing a settlement related to purdue pharmacy which is owned by the sackler family. as part of the sackler family, they were granted protection from future lawsuits as part of the settlement. but as part of it there is a bankruptcy restructuring of the purdue pharmaceutical, but it is not the ordinary bankruptcy case, because it is looking at the role that this company played in the nationwide crisis and extends to liability for the family. but the trustee oversees the bankruptcy has asked the supreme court to review this, because saying, that this is raising the constitutional concerns about the rights of victims to then potentially file their own lawsuits. as part of this suit, they have agreed to pay $8 mil
this involves big pharma and a billion dollar bankruptcy plan and the sackler family.la reid is with us. what is at stake, paula? >> it is a historic case dealing with one of of the biggest scandals in american history, opioid crisis. nearly 640,000 americans have lost their lives to opioids in the past two decades, and right now as we speak, the justices are reviewing a settlement related to purdue pharmacy which is owned by the sackler family. as part of the sackler family, they were...
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>> do you blame the sackler's for ryan's death? >> i do.y do. >> norah: breaking news, an american tourist killed after a shark attack at a popular bahamas resort. ♪ ♪ and a night of celebration. the kennedy center honors. ♪ ♪ >> norah: good evening to our viewers in the west, and thank you for being with us. we begin tonight with a dramatic escalation in gaza as israel and hamas engage in some of the most intense fighting since the beginning of the war. and that is taking place in southern gaza, specifically around khan younis, the city where israel believes the remaining hostages are being held. it's been four days since the cease-fire ended that allowed 100 women and children to be released, and tonight the state department says one of the reason hamas chose to end the truce and not release all the hostages is because the group does not want the women to talk about what is happening to them while in custody. hundreds of protesters rallied today outside the united nations accusing its leadership of failing women. the u.n. did hold a speci
>> do you blame the sackler's for ryan's death? >> i do.y do. >> norah: breaking news, an american tourist killed after a shark attack at a popular bahamas resort. ♪ ♪ and a night of celebration. the kennedy center honors. ♪ ♪ >> norah: good evening to our viewers in the west, and thank you for being with us. we begin tonight with a dramatic escalation in gaza as israel and hamas engage in some of the most intense fighting since the beginning of the war. and that...
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the sacklers want all the benefits of bankruptcy without bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday permits the sacklers to decide how much they're going to contribute. 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 ham
the sacklers want all the benefits of bankruptcy without bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday permits the sacklers to decide how much they're going to contribute. 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...
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could scotus unravel a deal that protected the sackler family from civil lawsuits? >>> hi, everybody. good morning to you. i'm yasmin vossoughian. it's 10:00 a.m. in the east, in for ana cabrera. we begin with breaking news out of the israel-hamas war. israel expanding its assault to include the entire gaza strip. the idf dropping leaflets overnight telling civilians to evacuate, warning of a large-scale attack, saying these are the last hours to evacuate. a senior u.s. military official telling nbc news he was taken aback by the ferocity of the refluid campaign. i want to get to raf sanchez on the ground in tel aviv. what have we learned about this new assault? >> reporter: israel now says it is operating in every part of the gaza strip after launching this new ground offensive into the south. this focus on the south began pretty much minutes after the cease-fire collapsed. we saw a punishing wave of air strikes focused around the city of kahn eunice. now there are israeli tanks and ground units operating in the area. israel's chief of staff says what is happening
could scotus unravel a deal that protected the sackler family from civil lawsuits? >>> hi, everybody. good morning to you. i'm yasmin vossoughian. it's 10:00 a.m. in the east, in for ana cabrera. we begin with breaking news out of the israel-hamas war. israel expanding its assault to include the entire gaza strip. the idf dropping leaflets overnight telling civilians to evacuate, warning of a large-scale attack, saying these are the last hours to evacuate. a senior u.s. military...
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dede: there is no way any family even now could go after the sacklers.w, you needed the -- the bankruptcy included all the states, the municipalities, all the attorney generals of all the states. you needed the power of all these people in order to get this kind of settlement. it also says that my son's life was worth something, you know, rather than worth nothing. i mean, that the symbolism of it to me is also important. geoff: how did those arguments play out in court today? marcia: it's interesting, justice kavanaugh for example, noted to the government's lawyer that the releases the sackler family got have been approved by courts for about 30 years. corporations have been looking two bankruptcy since facing mass injury claims since the 1980's. he says why should we suddenly throw this one out? there were also concerns like what justice kagan raised, that the sackler's are getting a deal that is better than what the average person or corporation that goes into bankruptcy can get, especially with the immunity side of things. there was no love for the s
dede: there is no way any family even now could go after the sacklers.w, you needed the -- the bankruptcy included all the states, the municipalities, all the attorney generals of all the states. you needed the power of all these people in order to get this kind of settlement. it also says that my son's life was worth something, you know, rather than worth nothing. i mean, that the symbolism of it to me is also important. geoff: how did those arguments play out in court today? marcia: it's...
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r this deal and among people ort who have no love for the sacklers, among people who think that the sacklers notiated a de which they think is the best they can get. >> i think what the opioid victims and their families are saying is you, the for government, with no stake in this at all, are coming a telling the families, no, we're not going to give you payment -- prompt payment for what's happened to your family. and we're not going to -the federal government's notoing to allow this money to g to the states for prevention programs to prevent future overdoses for future victims. and in exchange really for this somewhat theoretical idea they'll be able to recover money down the road from the sacklers themselves. >> the sackler family backed the settlement and warned that any future court judgments against them would face a long legal battle. joining us now msnbc legal analyst charles coleman. charles, great to see you. let's get just your impregs here as you listen to the arguments here and the justices' responses. which way do you think the supreme court is leaning? >> good morning, jonathan
r this deal and among people ort who have no love for the sacklers, among people who think that the sacklers notiated a de which they think is the best they can get. >> i think what the opioid victims and their families are saying is you, the for government, with no stake in this at all, are coming a telling the families, no, we're not going to give you payment -- prompt payment for what's happened to your family. and we're not going to -the federal government's notoing to allow this...
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the supreme court heard arguments over whether the sackler family, the former owners of purdue pharmanity for future lawsuits. jan crawford reports on the case that some are calling billionaire justice. >> we want justice, we want the sacklers in jail, but we want their money. >> reporter: cheryl joubert lost two sons to overdose and blames oxycontin and the sackler family -- trying to improve the 2021 multiple 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 deal and 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: whose son died from overdose it says that the deal leaves them off the hook. >> closing that door is not going to help anybody that is healing. >> reporter: isaacs along with the justice department is urging the supreme court to rejec
the supreme court heard arguments over whether the sackler family, the former owners of purdue pharmanity for future lawsuits. jan crawford reports on the case that some are calling billionaire justice. >> we want justice, we want the sacklers in jail, but we want their money. >> reporter: cheryl joubert lost two sons to overdose and blames oxycontin and the sackler family -- trying to improve the 2021 multiple bankruptcy plan that will provide up to $6 billion for treatment and...
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the sacklers are worth $11 billion.'re so interested in saving lives, pony up the money now and we might change our position. pony up $6 billion right now. don't wait 18 years. maybe you will save lives, but over 18 years, they are still going to die. >> you've had the opportunity, i was reading about an opportunity to confront the sackler family at a hearing last year and during that your wife, she played a recording of the 911 call from that horrific night that changed your lives forever. let me play this for people. >> 911. >> i need help. >> what's the address? >> 10731. >> is he blue? >> he's white. >> how old is he? >> oh, god, he's dead! >> ma'am, i need you to calm down. how old is he? >> he's dying! >> ma'am, i need you to calm down. how old is he? >> this is not just a court case which is why it is so important, as you wait to hear what the justices decide, what do you want them to consider? >> i want them to consider that phone call. i want them to consider that -- if they overturn this settlement which i thi
the sacklers are worth $11 billion.'re so interested in saving lives, pony up the money now and we might change our position. pony up $6 billion right now. don't wait 18 years. maybe you will save lives, but over 18 years, they are still going to die. >> you've had the opportunity, i was reading about an opportunity to confront the sackler family at a hearing last year and during that your wife, she played a recording of the 911 call from that horrific night that changed your lives...
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nomia iqbal reports crowd: shame on sackler.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 sacklers, one of america's richest families. people here protesting alleged the sacklers played down the effects of the drug in pursuit of profits. 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 lost my son to try to help prevent families from going through the same thing that i went through. justice to me, is prevention, making sure that this doesn't happen again. we have a responsibility here to make sure that no other billionaires can do this to america in the future. the only way that we can do that is to make sure that the sacklers don't walk away scot free with impunity. i feel we are easily disposable and the stigma is so easy to look over. you
nomia iqbal reports crowd: shame on sackler.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 sacklers, one of america's richest families. people here protesting alleged the sacklers played down the effects of the drug in pursuit of profits. a bankruptcy court ordered the family to pay billions of dollars in compensation to victims and families. the supreme court is looking at that...
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he died of an overdose five years ago she wants those who've suffered to be able to sue the sacklers >> you've done this to our families you killed our children you've created all kinds of mental health problems across the entire country and it's just wrong. and you need to finally step up. >> reporter: a supreme court decision is expected in the coming months kate snow, nbc news. >>> the justice department today arrested a former high-ranking u.s. diplomat accused of being a spy for cuba for more than four decades. it says victor manuel rocha was caught in an fbi sting operation. the attorney general called it one of the highest-reaching and longest-lasting infiltrations of the u.s. government. rocha was a u.s. ambassador to bolivia and served in many other diplomatic posts. he has not yet entered a plea >>> in 60 seconds an american vacationer killed in a shark attack in the bahamas. >>> and the potential new clue to that mysterious virus spreading in dogs. >>> a tourist tragedy in the bahamas to report police say an american woman was attacked by a shark and killed while paddleboa
he died of an overdose five years ago she wants those who've suffered to be able to sue the sacklers >> you've done this to our families you killed our children you've created all kinds of mental health problems across the entire country and it's just wrong. and you need to finally step up. >> reporter: a supreme court decision is expected in the coming months kate snow, nbc news. >>> the justice department today arrested a former high-ranking u.s. diplomat accused of being...
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the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxycontin at 16 years old, her attorney, michael quinn, is seeking a jury trial to keep the sackler family on the hook. >> in a way, this case is about deterrence. it's about holding corporate leaders and owners accountable for their business decisions. >> if approved, the bankruptcy settlement would pay $6 billion to individual families and state health programs and native american tribes over the next 18 years. but if the deal is blocked, legal experts say it could set a precedent for how corporate bankruptcy cases are settled. andrew andrea. derek thank you. >> time now for your monday weather. rockies are expecting heavy snow today after storms over the weekend caused hazardous conditions, including here in utah. looking at the radar, flooding is possible from seattle to portland today. an avalanche warning has been issued for the cascades range showers are possible from iowa to indiana. and northern new england gets snow checking. today's high temperatures, 50 in the pacific northwest, 30s an
the sacklers. >> ellen isaacs lost her son ryan to an overdose after he was prescribed oxycontin at 16 years old, her attorney, michael quinn, is seeking a jury trial to keep the sackler family on the hook. >> in a way, this case is about deterrence. it's about holding corporate leaders and owners accountable for their business decisions. >> if approved, the bankruptcy settlement would pay $6 billion to individual families and state health programs and native american tribes...
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some say the sacklers should continue to pay. 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 and his family have pretty much murdered my son and they have no right to get immunity from being sued. >> purdue started marketing oxycontin in 1996 as a safe, non-addictive pain reliever. the company's products as well as similar ones from other manufacturers sparked and epidemic. 645,000 people died in the country according to the cdc. the case is being heard by the supreme court today and a ruling expected by june impacting the sackler family, purdue pharma and victims. but the pay-outs as you were describing earlier in your show will be paid over 18 years. so a long time to wait for justice and -- >> dana: do you see the supreme court turning this back? it
some say the sacklers should continue to pay. 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 and his family have pretty much murdered my son and they have no right to get immunity from being sued. >>...
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the essence of it is the sacklers are not a party to the bankruptcy. why is the argument should they be immune from future liability as all. to the extent that the supreme court says that a bankruptcy court has the right for parties who are not in bankruptcy, who may be the millions and milli millionaires behind this, it sets a standard and precedent for not only purdue but for major corporations intfuture, a that is wholly significant. >> it was interesting to see the
the essence of it is the sacklers are not a party to the bankruptcy. why is the argument should they be immune from future liability as all. to the extent that the supreme court says that a bankruptcy court has the right for parties who are not in bankruptcy, who may be the millions and milli millionaires behind this, it sets a standard and precedent for not only purdue but for major corporations intfuture, a that is wholly significant. >> it was interesting to see the
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allow for the sacklers to be shielded in this way. the state governments and the families that stand to benefit from this settlement disagree and they say that a ruling against them would put the settlement at risk. the legal dispute here is very technical, but the outcome obviously has huge implications for bankruptcy law, for other cases, and for many governments and individuals who are hoping to get some of this settlement money, jose. >> and, ken, meanwhile, nbc news confirmed that a former united states ambassador to bolivia has been arrested in a long-running fbi counterintelligence investigation accused of serving as an agent of the cuban regime? >> yeah. this is a big deal, jose. a senior official tells me this former american dip sat, served as an ambassador to bolivia, has been arrested in this fbi investigation that uncovered what this person said was one of the deepest foreign penetrations of the u.s. government in modern history. the ap reported that manuel rocha, who is 73 years old, was arrested in miami on friday, and
allow for the sacklers to be shielded in this way. the state governments and the families that stand to benefit from this settlement disagree and they say that a ruling against them would put the settlement at risk. the legal dispute here is very technical, but the outcome obviously has huge implications for bankruptcy law, for other cases, and for many governments and individuals who are hoping to get some of this settlement money, jose. >> and, ken, meanwhile, nbc news confirmed that a...
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crowd: shame on sackler. in the last two decades, half a million americans have died from opioids.ers, which are highly addictive. at the heart of this case is a drug called 0xycontin, produced by a company owned by the sacklers, one of america's richest families. people here protesting alleged the sackler�*s played down the effects of the drug in pursuit of profits. 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 lost my son to try to help prevent families from going through the same thing that i went through. justice, to me, is prevention, making sure that this doesn't happen again. we have a responsibility here to make sure that no other billionaires can do this to america in the future. the only way that we can do that is to make sure that the sacklers don't walk away scot free with impunity. i feel we are easily disposable and the stigma is so easy to look over. you know, we are drug addicts to everyone
crowd: shame on sackler. in the last two decades, half a million americans have died from opioids.ers, which are highly addictive. at the heart of this case is a drug called 0xycontin, produced by a company owned by the sacklers, one of america's richest families. people here protesting alleged the sackler�*s played down the effects of the drug in pursuit of profits. a bankruptcy court ordered the family to pay billions of dollars in compensation to victims and families. the supreme court is...
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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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only because the sacklers have taken the money offshore, right? 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 pleased. uber�*s stock ended monday up more than 2% after rising around 5% in early trading. that put shares not too far off from their all—time high of $63.18 apiece. that was back in february 2021. and it is a turnaround story for uber. shares are worth more than double what they were at the start the year and nearly triple what they were worth in december of 2022. that was the summer when many workers left theirjobs. what we call the great resi
only because the sacklers have taken the money offshore, right? 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...
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and the end of the sacklers' company, to be replaced by a new company.l was blocked by a division of the doj, that requested it be reviewed by the high court. many of the arguments focused on bankruptcy law. the justices noticed that the vast majority of victims and the families were supportive of the deal. in the 1990s, purdue introduced oxycontin as a painkiller. the company is accused of fueling the opioid epidemic saying it was safer and less addictive, encouraging doctors to prescribe it for longer periods of time. many of the suits allege that the sackler family's knew of the addictive properties but continued to promote the drug nonetheless. even as the opioid epidemic skyrocketed. between 1999 and 2021, 645,000 americans died from opioid overdoses. including the son of my next guest. chris yoder was a teenager when he was described oxycontin for a sports injury. he would attend rehab eight times before dying of an overdose in 2017. his mother joins me now. thank you for joining me. i'm so sorry to hear what happened to your son. you've been passi
and the end of the sacklers' company, to be replaced by a new company.l was blocked by a division of the doj, that requested it be reviewed by the high court. many of the arguments focused on bankruptcy law. the justices noticed that the vast majority of victims and the families were supportive of the deal. in the 1990s, purdue introduced oxycontin as a painkiller. the company is accused of fueling the opioid epidemic saying it was safer and less addictive, encouraging doctors to prescribe it...
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. >> shame on sackler! >> in the last two decades, half a million americans have died from opioids.se 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 lost my son to try to help prevent families from going through the same thing that i went through. justice to me is prevention, making sure that this does not happen again. we have a responsibility here to make sure that no other billionaires can do this to america in the future. the only way that we can do that is to make sure that the sacklers don't walk away scott free with immunity. >> i feel we are easily disposable and thetigma is so easy to look over. you know, we a
. >> shame on sackler! >> in the last two decades, half a million americans have died from opioids.se 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...
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the sacklers want all the benefits of bankruptcy without bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday permits the sacklers to decide how much they're going to contribute. 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
the sacklers want all the benefits of bankruptcy without bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday permits the sacklers to decide how much they're going to contribute. 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...
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the sacklers want all the benefits of bankruptcy without being bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday that permits the sacklers to decide how much they're going to contribute. 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 m
the sacklers want all the benefits of bankruptcy without being bankruptcy. and it was a plane. justice department lawyer curtis cannon made a similar argument before the high court monday that permits the sacklers to decide how much they're going to contribute. 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...
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and justice kagan pointed this out in her questioning saying that is not what the sacklers' did. if they follow the law, the supreme court may blow up the settlement. there is a certain pag matism. much of the money is earmarked, along with some of the family members, a pragmatic approach might dictate in favor of letting the settlement go forward. it will be very interesting to see what the final vote is. not a lot of clues from the justices. today in oral argument, they all seemed to be testing out this central dilemma. >> when the settlement was announced, you know this, it looks like this could essentially end thousands of these cases. what are the implications, not just for the parties here, but potentially any organization that turns to bankruptcy protections to resolve a mass injury case. >> right. that's the risk here. i mean, not to put too fine of a point on t but the sacklers are in this position of trying to buy their way out of future lawsuits because they were able to put a lot of money on the table here. that's in some ways how this case can be characterized. can y
and justice kagan pointed this out in her questioning saying that is not what the sacklers' did. if they follow the law, the supreme court may blow up the settlement. there is a certain pag matism. much of the money is earmarked, along with some of the family members, a pragmatic approach might dictate in favor of letting the settlement go forward. it will be very interesting to see what the final vote is. not a lot of clues from the justices. today in oral argument, they all seemed to be...
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the supreme court hearing arguments over a bankruptcy court deal that shields the sackler family fromure liability from lawsuits in exchange for paying $6 billion to help victims of the opioid crisis >> what it means is that the family members cannot be sued civilly by anybody, even those who disagreed with the settlement so that' that's the osissue befe supreme court. >> reporter: lawyers arguing that since the company filed for bankruptcy but not members of the sackler family, the sacklers should not be protected from lawsuits >> it raises 7th amendment concerns >> reporter: the judges are conflicted, expresses reservations about the deal and concerns about overturning it. >> it's overwhelming, the support for this deal. they've negotiate addd a deal wh they think is the best they can get. >> reporter: ellen isaacs does not think it's the best deal they can get she and her son were oxycontin users. >> you killed our children you created all kinds of mental health problems across entire country, and it's just wrong, and you need to finally step up. >> reporter: a supreme court decisi
the supreme court hearing arguments over a bankruptcy court deal that shields the sackler family fromure liability from lawsuits in exchange for paying $6 billion to help victims of the opioid crisis >> what it means is that the family members cannot be sued civilly by anybody, even those who disagreed with the settlement so that' that's the osissue befe supreme court. >> reporter: lawyers arguing that since the company filed for bankruptcy but not members of the sackler family, the...
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the deal gives purdue farmers owners the sackler family immunity, protecting them from lawsuits.ney edward niger helped negotiate the settlement and wants it upheld. but the justice department is opposed, arguing there must be unanimous consent among all claimants to give the sackler family, which made billions off of 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. >> if approved, the bankruptcy settlement would pay $6 billion to individual families, state health programs, and native american tribes over the next 18 years. but if the deal is blocked, legal experts say it could set a precedent for how corporate bankruptcy cases are settled. >> stephanie jobina, thank you. in southern california, charges are expected to be filed today against an alleged serial killer accused of multiple murders wi
the deal gives purdue farmers owners the sackler family immunity, protecting them from lawsuits.ney edward niger helped negotiate the settlement and wants it upheld. but the justice department is opposed, arguing there must be unanimous consent among all claimants to give the sackler family, which made billions off of 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...
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why should the sacklers. i think the judge overstepped his bounds here permitting that.o our last hope is the supreme court. >> dana: judge nelson, you understand the law very well. explain your position so our viewers can understand how unprecedented this is. >> thank you for having us. i don't understand bankruptcy law very well as very few people do. this type of third party release is unprecedented under these type of circumstances where you've got a billionaire family who is protected under bankruptcy laws when they personally did not file for bankruptcy. when their company filed bankruptcy the individual family members took $11 billion and left and hid the money into off shore accounts. so people with $11 billion are not protected generally by bankruptcy laws. if this bankruptcy settlement is approved, they are forever shielded, them and their $11 billion are protected forever from any type of civil claims. and it's just an abuse of the bankruptcy process. >> dana: yes, sir. you said you can't put a price tag on a loved one. most families are looking at between $38
why should the sacklers. i think the judge overstepped his bounds here permitting that.o our last hope is the supreme court. >> dana: judge nelson, you understand the law very well. explain your position so our viewers can understand how unprecedented this is. >> thank you for having us. i don't understand bankruptcy law very well as very few people do. this type of third party release is unprecedented under these type of circumstances where you've got a billionaire family who is...
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people who think that the sacklers are pretty much the worst people on earth.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 wrongdoing, saying the company developed oxycontin to help families. the court's ruling is expected some time in june. kumasi. thanks, jobina. >> and even smaller field of republican candidate vice presidential candidates will be facing off in the fourth primary debate tomorrow in alabama. the republican national committee announced ron desantis, nikki haley, chris christie and vivek ramaswami qualified for the debate. former president donald trump once again not expected to take part. trump is scheduled to be at a campaign fundraiser in florida tomorrow. police in san francisco are investigating after ten cars were broken into in the hayes valley neighborhood. >> this video was captured along ivy street yesterday. and take a look. you can see someone just breaking right into that car parked on the
people who think that the sacklers are pretty much the worst people on earth.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 wrongdoing, saying the company developed oxycontin to help families. the court's ruling is expected some time in june. kumasi. thanks, jobina. >> and even smaller field of republican candidate vice presidential...
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it's over whelming the support for this deal and among people who have no love for the sacklers amongwho 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 wrongdoing, saying the company developed oxycontin to help families. the court's ruling is expected some time in june. stephanie jobina, thank you. >> well, still to come, the ingredient in your favorite sushi that could do wonders for your memory. >> and a live look right now at the big board, the new york stock exchange. you can see we're down right now by about 135 points. another update on the markets next. >> then the investigation into this massive house explosion near the nation's capital. what police were looking into just moments before this blast. and stay with us on the abc seven bay area streaming app at seven for abc, seven at seven. we're live weekdays from 7 to 8 a.m. you can download the app now where
it's over whelming the support for this deal and among people who have no love for the sacklers amongwho 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 wrongdoing, saying the company developed oxycontin to help families. the court's ruling is expected some time in...
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the deal gives purdue farmers owners sackler family immunity protecting them from lawsuits. attorney edward niger helped negotiate the settlement and wants it upheld. but the justice department is oppose, arguing there must be yun'an consent among all the claimants to give the sackler family, which made billions off of 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. >> if approved, the bankruptcy settlement would pay $6 billion to individual families, state health programs and aid native american tribes over the next 18 years. but if the deal is blocked, legal experts say it could set a precedent for how corporate bankruptcy cases are settled. stephanie, thank you, jobina. >> happening today, faculty members at four california state university campuses are kicking off a series of one day st
the deal gives purdue farmers owners sackler family immunity protecting them from lawsuits. attorney edward niger helped negotiate the settlement and wants it upheld. but the justice department is oppose, arguing there must be yun'an consent among all the claimants to give the sackler family, which made billions off of 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...
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>> can the sack herreras avoid e payouts and the maker of oxycontin and members of the sackler familyd purdue pharma offered $6 billion to settle thousands of lawsuits alleging the pills fueled an opioid epidemic. paying out over billions over 18 years. that's an important point. this gets paid out over nearly two decades. now the case is dividing families of opioid victims, some of whom are eager to move on and others say the sacklers should continue to pay. allen isaacs who's son died of opioid overdose opposes the settlement. her attorney michael quinn wrote in a supreme court brief saying, a court should not bar victims from enforcing rights while allowing perpetrators to profit from i don't think doings and christie nelson's son died of opioid overdose and here's what she had to say earlier today on fox news, listen. >> my feeling is that richard sackler and his family pretty much murdered my son and they have no right to get immunity from being sued. >> tensions running high here and purdue started marketing oxycontin in 1996 as safe, nonaddictive pain reliever and the products
>> can the sack herreras avoid e payouts and the maker of oxycontin and members of the sackler familyd purdue pharma offered $6 billion to settle thousands of lawsuits alleging the pills fueled an opioid epidemic. paying out over billions over 18 years. that's an important point. this gets paid out over nearly two decades. now the case is dividing families of opioid victims, some of whom are eager to move on and others say the sacklers should continue to pay. allen isaacs who's son died...
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it would shield the wealthy sackler family, purdue's former owners from any future lawsuits. danny cevallos joins us on set. >> for years i've been reporting on the attempts to make a deal in bankruptcy court and try to settle thousands of lawsuits over oxycontin, a purdue product, we got there and now they're considering undoing the deal, why is that? >> bankruptcy law is unbelievably complex. basically you have a debtor, a corporation in this case and says i can't pay my bills, figure out who you can pay, who has priority, then that debtor gets a kind of release, a fresh start, what this case is about is that process, what if you have someone, those guys in the corner they want a release, too, can we? what if they add to the pot, throw in some money. a lower court found that this is under taking two rules. you can do anything that will sort of bring these rules into effect, a catch-all piece of language, so now before the court is whether or not this is actually allowed and there's a lot going on between whether it's allowed and as a secondary issue, what if yields the righ
it would shield the wealthy sackler family, purdue's former owners from any future lawsuits. danny cevallos joins us on set. >> for years i've been reporting on the attempts to make a deal in bankruptcy court and try to settle thousands of lawsuits over oxycontin, a purdue product, we got there and now they're considering undoing the deal, why is that? >> bankruptcy law is unbelievably complex. basically you have a debtor, a corporation in this case and says i can't pay my bills,...
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the summer arguing that deal gives too many protections to the sackler family. >> if this bankruptcyettlement 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 require health insurance coverage for all contraception. the governors are also pushing for the first over-the-counter daily birth control pill to be made affordable. in a statement, the governor said accessibility and affordable are essential when it comes to reproductive health care. as some parts of the country look to roll back rights, we are standing together with the biden-harris administration to protect women and ensure
the summer arguing that deal gives too many protections to the sackler family. >> if this bankruptcyettlement 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...
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the sacklers would contribute up to $6 billion and give up ownership of the company.he issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to people such as the sacklers, who have not declared bankruptcy themselves. as there's a last minute complication in the european union's plan to regulate artificial intelligence, the 27 nations cannot agree on how to regulate systems like chatgpt and google's bard chatbot that big tech companies believe that will lead to overregulation. that would slow innovation at the same time, germany, france and italy are suggesting self-regulation would work. the eu set a deadline of this wednesday to reach an agreement. the us, uk and china are drawing up their own limits for the technology, but so far no consensus policy. i'm pam cook. that's a look at your dollars and cents. >> all right, pam, thank you. time now, 750. the iconic rock group kiss perform their final show of their farewell tour. but they're not completely giving up performing just yet. on saturday night, kiss performed before a
the sacklers would contribute up to $6 billion and give up ownership of the company.he issue for the supreme court is whether the legal shield that bankruptcy provides can be extended to people such as the sacklers, who have not declared bankruptcy themselves. as there's a last minute complication in the european union's plan to regulate artificial intelligence, the 27 nations cannot agree on how to regulate systems like chatgpt and google's bard chatbot that big tech companies believe that...
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it's true under the deal, the sacklers get the benefit of bankruptcy law, but they still get to keepen administration says that's kind of like having your cake and eating it, too. ken is right. this is like the justice department against everybody else. all of the states are saying they need the billions of dollars they would get right now to fight the opioid crisis. there are also about 60,000 individual plaintiffs who would get money. between 10 and $50,000. not a lot considering the scale of this crisis, but they're saying a little money is better than no money or having to wait years for another settlement. >> and why do people believe as ken was explaining, that this is the best deal they could get? if they lose this protection in the supreme court, arguably they have to go back and fight their way through it. >> it's a power play by the family. they're saying take it or leave it. they started with around 2 billion. they've gone up to 6 billion. the alternative is for these folks to sue individually or to work on another settlement which could take literally a decade. >> paul bu
it's true under the deal, the sacklers get the benefit of bankruptcy law, but they still get to keepen administration says that's kind of like having your cake and eating it, too. ken is right. this is like the justice department against everybody else. all of the states are saying they need the billions of dollars they would get right now to fight the opioid crisis. there are also about 60,000 individual plaintiffs who would get money. between 10 and $50,000. not a lot considering the scale of...
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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 update us border policy with conservative wanting stricter asylum standards before greenlighting any foreign aid. >> there's a reason that this hasn't be
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...
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the sacklers would contribute up to $6 million and give up ownership of the company.ow, 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 practices? i feel pretty good. surrounding myself with a great team. de'aaron we're going to take a quick look at your knee with ultrasound. everything is looking great. but not just for me. for them. it's great to see you again man. thanks jb. for all that is me, for all that is y
the sacklers would contribute up to $6 million and give up ownership of the company.ow, 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...
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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 supreme court review the deal, saying the agreement violates federal law by guaranteeing legal immunity for the sacklers that ruling is expected in june. >> our time now. 426 governor gavin newsom wants federal officials to make sure that all forms of contra ception are affordable and accessible. the governor joined other governors and issued a letter to us health and human services secretary xavier becerra. they're urging becerra to require health insurance coverage for all contraception. the governors are also pushing for the first over the counter daily birth control pill to be made affordable. >> in a statement, governor newsom said in part, 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 together with
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 supreme court review the deal, saying the agreement violates federal law by guaranteeing legal immunity for the sacklers that ruling is expected in june. >> our time now. 426 governor gavin newsom wants federal officials to make sure that all forms of...
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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 contraception in the governor's office and the governors are also pushing for the first over-the-counter birth control pill to be made affordable. now, 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're standing together with the biden harris administration to protect women an
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...