Healey blasts Purdue Pharma bankruptcy deal

The former owners of opiate giant Purdue Pharma will “walk away richer” under a $10 billion bankruptcy plan, said Massachusetts Attorney General Maura Healey, vowing to keep up the fight against the firm behind the nation’s opioid crisis.

“It’s not a settlement, it’s an insult,” the attorney general said Tuesday morning on Twitter.

The plan, filed late Monday night in U.S Bankruptcy Court in White Plains, N.Y., marks the company’s formal offer to settle more than 2,900 lawsuits from state and local governments, Native American tribes, hospitals and other entities

— including Massachusetts.

The deal includes a contribution of $4.3 billion over a decade from members of the Sackler family who own the Connecticut-based pharmaceutical giant.

Most of the parties in the case back the plan. But a group of attorneys general representing 24 states and the District of Columbia issued a statement saying the offer “falls short of the accountability that families and survivors deserve.”

They want more money from the Sackler family members and to wind down Purdue in a way that “does not excessively entangle it with states.”

“The Sacklers want to use the disaster they created as leverage to buy immunity at a bargain price. Under the terms of this deal, they will walk away richer,” Healey said.

In a statement, the Sackler family called the deal an “important step toward providing help to those who suffer from addiction.”