Sacklers Threaten Connecticut-- Attorney General Tong Says He Will Not Be Intimidated(Hartford, CT – Attorney General William Tong today reacted to sanctions threat launched by the Raymond Sackler family seeking to intimidate Connecticut into dropping its objections to the inadequate Purdue bankruptcy plan.
“This was a direct attack on Connecticut and a huge mistake by the Sacklers. If the Sacklers have any doubt about the strength of our allegations, they should produce each and every document currently hidden under protective order or cloaked under claims of privilege and each of them take the stand so that I can personally question them and expose the depths of their misconduct. If these entitled thugs think they can ride off on their yachts clinging to their art and jewelry, they have another thing coming. If there was any doubt, let me be incredibly clear—Connecticut will file our objection to the Purdue bankruptcy on Monday and we will fight until every viable option is exhausted. The Sacklers have now demonstrated they are incapable of acting in good faith and have zero respect for the rule of law and the courts. The Sacklers want you to believe this fight is over, that the bankruptcy plan is a done deal. The fact that they are still engaging in these legal temper tantrums just proves to me that this is very much still a live fight, and that our opposition is gaining traction,” said Attorney General Tong. “The fact that they withdrew this threat so quickly demonstrates what a colossal miscalculation this was.”
Attorneys for the Raymond Sackler family on Thursday served Connecticut, California, Maryland, Rhode Island and the District of Columbia with a sanctions threat, baselessly asserting that the states’ claims against the family lack evidentiary support. Under considerable pressure, the Sacklers withdrew the motion late Friday morning. That does not negate the fact that the threat was made. The move comes as Connecticut continues to oppose a bankruptcy plan that would allow the Sackler family to walk away with their personal wealth unscathed. The Sacklers’ threat will not succeed.