Walmart Settles Opioid Lawsuits for $3.1 Billion

Walmart becomes latest retail giant to cut deal, follows CVS Health and Walgreens

  • On Tuesday, Walmart announced it had reached a settlement framework valued at $3.1 billion to resolve lawsuits with local, state, and tribal governments over its sale of opioids.
  • The settlement still needs to be approved by 43 states before becoming final.
  • The company said in a statement, “Walmart believes the settlement framework is in the best interest of all parties and will provide significant aid to communities across the country in the fight against the opioid crisis, with aid reaching state and local governments faster than any other nationwide opioid settlement to date, subject to satisfying all settlement requirements.”
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