The settlement also established a fund for victims comprising at least 29,000 New York residents who collectively gave more than $1.1 billion to Genesis through its Gemini Earn product.

New York had previously reached a settlement with the Sacklers and Purdue for $5.4 billion, which was ultimately derailed by a U.S. Supreme Court decision in 2024.

New York's Attorney General took a jab at the Sackler family and Purdue Pharma while announcing their agreement to pay out a $7.4 billion settlement with 15 states to address their role in the ...