Current:Home > NewsKroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic -NextFrontier Finance
Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
View
Date:2025-04-24 23:21:17
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! (2859)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- LSU's X-factors vs. Iowa in women's Elite Eight: Rebounding, keeping Reese on the floor
- Age vs. Excellence. Can Illinois find way to knock off UConn in major March Madness upset?
- The NFL banned swivel hip-drop tackles. Will refs actually throw flags on the play?
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Veteran CB Cameron Sutton turns himself in weeks after domestic violence allegation
- Afternoon shooting in Nashville restaurant kills 1 man and injures 5 others
- States move to shore up voting rights protections after courts erode federal safeguards
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Chance Perdomo, star of ‘Chilling Adventures of Sabrina’ and ‘Gen V,’ dies in motorcycle crash at 27
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- NASCAR at Richmond spring 2024: Start time, TV, streaming, lineup for Toyota Owners 400
- Alex Murdaugh faces a South Carolina judge for punishment a final time
- Gunmen in Ecuador kill 9, injure 10 others in attack in coastal city of Guayaquil as violence surges
- In ‘Nickel Boys,’ striving for a new way to see
- NC State men’s, women’s basketball join list of both teams making Final Four in same year
- AT&T notifies users of data breach and resets millions of passcodes
- Alex Murdaugh faces a South Carolina judge for punishment a final time
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Jodie Sweetin's Look-Alike Daughter Zoie Practices Driving With Mom
Not just football: Alabama puts itself on the 'big stage' with Final Four appearance
Beyoncé drops 27-song track list for new album Cowboy Carter
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Numbers have been drawn for an estimated $935 million Powerball jackpot
Riley Strain's Tragic Death: Every Twist in the Search for Answers
N.C. State and its 2 DJs headed to 1st Final Four since 1983 after 76-64 win over Duke