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:2025-04-19 01:29:36
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! (224)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- From Barbie's origin story to the power of quitting, give these new podcasts a listen
- 3 women missing in Mexico after crossing from Texas on trip
- Ukrainian dancers celebrate country's culture and resilience even in the face of war
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Amanda Seyfried Shares Her First Impression of Blake Lively During Mean Girls Audition
- Stassi Schroeder Is Pregnant, Expecting Baby No. 2 With Beau Clark
- Digital nomads chase thrills by fusing work and foreign travel
- Louvre will undergo expansion and restoration project, Macron says
- 3 shot in suspected terror attack in Tel Aviv; gunman killed, police say
Ranking
- The Super Bowl could end in a 'three
- We unpack the 2023 Emmy nominations
- Moscow will try to retrieve U.S. drone wreckage in Black Sea after Pentagon blames Russian jet for crash
- Kelsea Ballerini Is Putting Her Heart First During Healing Journey After Morgan Evans Divorce
- North Carolina justices rule for restaurants in COVID
- Madhur Jaffrey's no fuss introduction to Indian cooking
- Sally Field's Son Sam Greisman Deserves a Trophy for His Hilarious 2023 SAG Awards Commentary
- Remains of Roman aristocrat unearthed in ancient lead coffin in England: Truly extraordinary
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Matthew McConaughey’s Look-Alike Sons Are All Grown Up In Rare Picture
Cate Blanchett Revives 2014 Armani Privé Dress With Daring Twist for 2023 SAG Awards
3 YA fantasy novels for summer that bring out the monsters within
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Rapper Costa Titch dies after collapsing on stage in South Africa
2 killed in Chile airport shootout during attempted heist of over $32 million aboard plane from Miami
Russian jet collides with American drone over Black Sea, U.S. military says