Statement from Gov. Bevin on Consequences
of Purdue Pharma’s Bankruptcy for Kentuckians
FRANKFORT, Ky. (Sept. 16, 2019) – Gov. Matt Bevin today released the following statement about how Purdue Pharma's bankruptcy filing will impact Kentuckians due to the Kentucky Office of Attorney General's unscrupulous 2015 settlement:
"Kentuckians woke up this morning to find that they had once again been fleeced by the self-serving corruption of Steve and Andy Beshear and Jack Conway. The crooked $24 million settlement with Purdue Pharma is even more crooked than we thought. The Beshears and Conway carefully negotiated the settlement to ensure that the lawyers were paid $4 million in full, while the Commonwealth had to wait eight years to get its full payment. Purdue’s announced bankruptcy now jeopardizes the paltry remaining money that Kentuckians are due."
The bankruptcy comes after the announcement that Purdue Pharma settled an opioid lawsuit with the state of Oklahoma for $270 million and had reached a tentative settlement with more than 20 states and 2,000 local governments (of which Kentucky was not a part) for approximately $12 billion.
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