Current:Home > MarketsKroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic -SovereignWealth
Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
View
Date:2025-04-13 06:57:55
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! (196)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Las Vegas-area teachers union challenges law prohibiting members from striking
- Major airlines halt flights to Israel after Hamas attack
- 32 things we learned in NFL Week 5: Ravens, Patriots spiral as other teams get right
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- U.S. Virgin Islands caucuses will be 3rd GOP primary contest, along with Nevada
- Lions' Emmanuel Moseley tears right ACL in first game back from left ACL tear, per report
- Skydiver dead after landing on lawn of Florida home
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 43 Malaysians freed from phone scam syndicate in Peru were young people who arrived a week earlier
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Publishing executive found guilty in Tokyo Olympics bribery scandal, but avoids jail time
- North Carolina Republican Rep. Kristin Baker won’t seek reelection in 2024
- Texas is not back? Louisville is the new TCU? Overreactions from college football Week 6
- What to watch: O Jolie night
- In Poland, church and state draw nearer, and some Catholic faithful rebel
- Punctuation is 'judgey'? Text before calling? How proper cell phone etiquette has changed
- British government tries to assure UK Supreme Court it’s safe to send asylum-seekers to Rwanda
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
What to know about the Psyche mission, NASA's long-awaited trip to a strange metal asteroid
Israel strikes downtown Gaza City and mobilizes 300,000 reservists as war enters fourth day
Louisiana public school principal apologizes after punishing student for dancing at a party
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Gigi Hadid and Bradley Cooper Spotted Spending Time Together in NYC
Flag football in the Olympics? Cricket, lacrosse also expected as new sports for 2028
Ads getting a little too targeted? Here's how to stop retailers from tracking your data