States, Cities Eye $26 Billion Deal: Opioid Litigation Explained
“State attorneys general say they have a $26 billion dollar plan to resolve the bulk of the liability for the three biggest drug distributors and one major drugmaker that are entangled in the nationwide opioid litigation,” reports Valerie Bauman in Bloomberg Law.
“The opioid crisis killed nearly 841,000 people since 1999, including 69,710 last year alone. Plaintiffs in thousands of suits say drugmakers and distributors produced and promoted strong painkillers for a massive profit, not heeding their addictive qualities.”