Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits
1 year, 3 months ago

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

Associated Press  

One of the nation’s largest grocery chains is the latest company to agree to settle lawsuits over the U.S. opioid crisis. In a deal announced Friday, the Kroger Co. would pay up to $1.4 billion over 11 years. Over the past eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed or finalized opioid settlements totaling more than $50 billion, including at least 12 others worth more than $1 billion. That addiction stems from the massive amount of prescription drugs.” The companies have also agreed to change their business practices regarding powerful prescription painkillers, consenting to restrictions on marketing and using data to catch overprescribing.

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California finalizes $122 million opioid settlement with grocery giant Kroger
1 month, 2 weeks ago

California finalizes $122 million opioid settlement with grocery giant Kroger

LA Times  

California will receive $122 million in a settlement agreement with Kroger, the grocery chain and parent company of Ralphs, to resolve lawsuits over its alleged role in the opioid crisis and how its pharmacies dispensed prescription painkillers to customers. The settlement agreement calls for the company to pay $1.2 billion to state and local governments and $36 million to Native …

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits
1 year, 3 months ago

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

LA Times  

Kroger on Friday announced an agreement to pay up to $1.4 billion to settle lawsuits that claimed the company contributed to the U.S. opioid crisis. One of the nation’s largest grocery chains is the latest company to agree to settle lawsuits over the U.S. opioid crisis. Over the last eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed …

50 states sign up for Walmart’s opioid settlement framework
2 years ago

50 states sign up for Walmart’s opioid settlement framework

CNN  

New York CNN — Walmart said it has reached settlement agreements with all 50 US states as part of a $3.1 billion nationwide opioid settlement announced last month. In November, the retailer announced a settlement from multiple states’ attorneys general that accused the company of failing to regulate opioid prescriptions contributing to the nationwide opioid crisis. The settlement, according to …

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales
2 years ago

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales

NPR  

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales Enlarge this image toggle caption Keith Srakocic/AP Keith Srakocic/AP CVS and Walgreens have agreed to pay more than $10 billion to several states in a settlement of lawsuits brought against them alleging their roles in the opioid crisis. CVS would pay nearly $5 billion over …

Walmart offers to pay $3.1 billion to settle opioid lawsuits
2 years, 1 month ago

Walmart offers to pay $3.1 billion to settle opioid lawsuits

Associated Press  

Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming the latest major drug industry player to promise major support to state, local and tribal governments still grappling with a crisis in overdose deaths. Bentonville, Arkansas-based Walmart said in a statement that it “strongly disputes” allegations in lawsuits from …

US pharmacy companies reach $10bn settlement over opioid claims
2 years, 1 month ago

US pharmacy companies reach $10bn settlement over opioid claims

Al Jazeera  

The deals mean CVS and Walgreens will pay more than $10bn for their roles in the opioid crisis that continues to claim thousands of lives in US. Two US pharmacy chains have reached a tentative settlement over lawsuits brought by state, local, and tribal governments accusing the companies of contributing to the opioid crisis through irresponsible practices. CVS Health and …

US opioid lawsuits on verge of settlements with 4 companies
3 years, 5 months ago

US opioid lawsuits on verge of settlements with 4 companies

Associated Press  

The yearslong effort by state and local governments in the U.S. to force the pharmaceutical industry to help pay to fix a nationwide opioid addiction and overdose crisis took a major step forward Tuesday when lawyers for local governments announced they were on the verge of a $26 billion settlement with the nation’s three biggest drug distribution companies and the …

Major drug companies reach landmark $26bn US opioid settlement
3 years, 5 months ago

Major drug companies reach landmark $26bn US opioid settlement

Al Jazeera  

The deal is the second-largest cash settlement in United States history, trailing only the $246bn tobacco deal in 1998. A group of state attorneys general in the United States has unveiled a landmark $26bn settlement with major US drug companies accused of fuelling a deadly nationwide opioid epidemic, but some states were cool on the agreement. “There’s not enough money …

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