After years of delays, Purdue Pharma will finally have to answer allegations that they misrepresented the addictive nature of the drug Oxycontin before a Kentucky court and a Kentucky jury. A decision this week by the U.S. Court of Appeals for the 2nd Circuit returns a lawsuit filed by my Office in 2007 to Pike Circuit Court.
Purdue Pharma's actions helped fuel an epidemic of prescription drug abuse that has taken a heavy toll on families and communities across Kentucky. I believe this trial will result in a big recovery for the state that can be used to enhance treatment for those addicted to powerful painkillers like Oxycontin. Please see our press release for more information.
It was gratifying to see how the $600,000 my office secured from the National Mortgage Foreclosure Settlement has helped rehabilitate a foreclosed apartment complex in Lexington. This was one of many examples of how the $58 million in settlement funds we secured for Kentucky is making a difference for communities and providing a second chance for struggling Kentucky homeowners.
The deadline is nearing for homeowners to apply for cash payments of up to $2,000 under the Mortgage Foreclosure Settlement. Applications are due by Jan. 18. Consumers must have faced foreclosure from 2008 to 2011 and had a loan with or serviced by Citi, Ally/GMAC, Bank of America, JPMorgan Chase or Wells Fargo. For more information, visit NationalMortgageSettlement.com.
It was good to see my friends with the Jefferson County Teacher's Association at the Capitol on Tuesday as the legislative session got underway in Frankfort. I am proud to stand with teachers across the Commonwealth. Education is always a priority when the General Assembly is in town.
Next week, I'm looking forward to joining my Keep Kentucky Kids Safe partners at North Bullitt High School in Shepherdsville and Marion County High School in Lebanon. I appreciate the opportunity to speak directly to students about the deadly consequences of abusing prescription drugs.