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Tuesday, November 1, 2022

CVS, Walmart, Walgreens Reach Tentative $12 Billion Opioid Pact

 CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay more than $12 billion to resolve thousands of state and local government lawsuits accusing the chains of mishandling opioid painkillers, Bloomberg News reported on Tuesday.

The proposed settlement calls for CVS to pay $4.9 billion, Walgreens to pay at least $4 billion and Walmart to pay $3 billion, according to the report, citing people familiar with the matter.

https://money.usnews.com/investing/news/articles/2022-11-01/cvs-walmart-walgreens-reach-tentative-12-billion-opioid-pact-bloomberg-news

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