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States Reach Settlement in Opioid Litigation; CT to Get $300M

By on July 30, 2021 in Litigation-Business

“Connecticut is expected to receive about $300 million of a just-announced $26 billion settlement between a coalition of states and four companies that either manufactured or distributed opioid painkillers. At a press conference at the state Capitol on Wednesday, State Attorney General William Tong announced the terms of the agreement between AmerisourceBergen, Cardinal Health,” reports Zachary Vasile in Hartford Business.

“Johnson & Johnson and the dozens of state attorneys general who have accused those companies of contributing to the nation’s opioid epidemic, which according to the Centers for Disease Control has killed around 500,000 people since 1999. Connecticut has accepted the settlement, Tong said, and most other states participating in the lawsuit are expected to do the same.”

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