Current:Home > MyKroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic -Wealth Momentum Network
Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
View
Date:2025-04-13 10:39:44
Kroger said Friday that it will pay up to $1.4 billion over 11 years to settle most of the litigation against the grocery giant stemming from the opioid epidemic that has ravaged the U.S. for more than a decade.
Kroger, one of the country's largest supermarket and drugstore chains, said the money will go to states and local governments, including $36 million to Native American tribes, to help fund treatment and other efforts to deal with the ongoing crisis. Another $177 million will go to cover attorney costs and related legal fees.
Kroger has stores in 35 states, and 33 would be eligible for money as part of the deal. The company previously announced settlements with New Mexico and West Virginia.
"This is an important milestone in the company's efforts to resolve the pending opioid litigation and support abatement efforts," Kroger said in a statement. "Kroger has long served as a leader in combating opioid abuse and remains committed to patient safety."
The company did not admit any wrongdoing or liability under the settlement.
Opioids kill an estimated 80,000 people a year in the U.S., with the latest wave of deaths tied to illicit synthetic drugs such as fentanyl rather than prescription painkillers.
Jayne Conroy, a lawyer for the governments suing the companies, told The Associated Press in an interview Friday that it is appropriate that major prescription drug providers help fund efforts to deal with the devastating impact of opioids.
"It really isn't a different problem," she said. "The problem is the massive amount of addiction. That addiction stems from the massive amount of prescription drugs."
Many of the nation's largest retailers have paid out billions of dollars to states and cities around the country to resolve lawsuits over their role in dispensing opioids, which experts say has claimed hundreds of thousands of lives in the U.S. and other countries around the world.
In May, for example, Walgreens agreed to pay San Francisco nearly $230 million to settle a case over the pharmacy chain's distribution of opioids.
Walmart this summer reached a $168 million deal with Texas prosecutors, who had accused the largest U.S. retailer of worsening the opioid crisis. That followed a $3.1 billion settlement Walmart struck in 2022, while pharmacy gains CVS and Walgreens last year agreed to pay more than $10 billion combined to resolve opioid-related suits.
Opioid litigation is continuing against other retailers, including supermarket chains Publix and Albertsons. Pharmacy benefit managers such as Express Scripts and OptumRx also face opioid claims from governments.
—The Associated Press contributed to this report.
- In:
- Opioid Epidemic
- Kroger
Alain Sherter covers business and economic affairs for CBSNews.com.
TwitterveryGood! (2458)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- NFL Comeback Player of the Year: Aaron Rodgers leads Joe Burrow in 2024 odds
- Gayle King dishes on her SI Swimsuit cover, how bestie Oprah accommodates her needs
- Bears almost made trade for Matthew Judon; 'Hard Knocks' showcases near-deal
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Richard Simmons' family speaks out on fitness icon's cause of death
- Human bones found near carousel in waterfront park in Brooklyn
- PHOTO COLLECTION: Election 2024 DNC Day 2
- The Super Bowl could end in a 'three
- Expelled Yale student sues women’s groups for calling him a rapist despite his acquittal in court
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 'Hard Knocks': Caleb Williams' QB1 evolution, Bears nearly trade for Matt Judon
- KARD on taking a refined approach to new album: 'We chose to show our maturity'
- Beware of these potential fantasy football busts, starting with Texans WR Stefon Diggs
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Nordstrom Rack Top 100 Deals: Score $148 Jeans for $40 & Save Up to 73% on Cotopaxi, Steve Madden & More
- NY state urges appeals court to uphold Donald Trump’s nearly $500 million civil fraud judgment
- Tim Walz is still introducing himself to voters. Here are things to know about Harris’ VP pick
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Police raid Andrew Tate’s home in Romania as new allegations emerge involving minors
Kentucky meets conditions for lawmakers to cut income tax in 2026
Driver distracted by social media leading to fatal Arizona freeway crash gets 22 1/2 years
Trump issues order to ban transgender troops from serving openly in the military
Guatemalan police arrest 7 accused of trafficking the 53 migrants who asphyxiated in Texas in 2022
Jill Duggar Gives Inside Look at Jana Duggar's Wedding to Stephen Wissmann
Pumpkin Spice Latte officially back at Starbucks this week: Plus, a new apple-flavored drink