douglasstatement.jpgMichael Douglas and his ex-wife Diandra Douglas are speaking out about the arrest of their son Cameron on drug trafficking charges.

"The family is devastated and very disappointed in Cameron's recent behavior. Any family who has dealt with substance abuse knows how devastating it can be," the statement said.

Cameron Douglas, 30, is facing a mandatory 10 years to life sentence for allegedly distributing crystal meth nationwide.

A preliminary hearing is scheduled for September 10th.