Walmart has agreed to a $3.1 billion settlement framework to resolve allegations by authorities across several states over the retailer’s contribution to the national opioid crisis.
State, local, and tribal authorities accused the nation’s largest retail chain of failing to properly regulate its pharmacies’ opioid prescriptions, which led to millions of addictions and deaths across the United States.
The company also hopes that the Nov. 15 settlement will resolve the thousands of lawsuits over its role in the opioid crisis, if all conditions are satisfied.The retail giant’s announcement comes after a similar settlement offer on Nov. 2 from the two largest American pharmacy chains, CVS Health and Walgreens, which all agreed to pay about $5 billion in damages.
