This is expected to be the largest single solution in the world of complex proceedings over the opioid epidemic in the United States. It doesn’t end the case, but it will change them.
Lawyers said a full announcement could be made this week, but as a precursor to a larger deal, New York will work with a distribution company to settle an ongoing trial in the state on Tuesday for $ 1.1 billion. An agreement has been reached.
This is the largest monetary settlement ever negotiated by New York Attorney General Letitia James, and will settle claims against the three companies that helped drive the opioid epidemic. It will also remove three distributors from the ongoing opioid trial in New York State, which is currently underway in the Suffolk County Supreme Court.
“For more than 20 years, the opioid epidemic has disrupted countless communities throughout New York and across the country, killing hundreds of thousands of friends and family and addicting millions,” said James. It was. “And over the last two decades, McKesson, Cardinal Health, and AmerisourceBergen have distributed these opioids regardless of the national crisis fueling them, but today we are responsible for them. We’re providing over $ 1…