Current:Home > StocksKroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic -TradeCircle
Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
View
Date:2025-04-13 11:23:19
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! (581)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- NHL award winners: Colorado Avalanche's Nathan MacKinnon sweeps MVP awards
- 9 key numbers from MLB's first half: Aaron Judge matching historic home run pace
- Judge sentences man to life in prison for killing St. Louis police officer
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- FACT FOCUS: Here’s a look at some of the false claims made during Biden and Trump’s first debate
- Baltimore police officers face discipline over lackluster response to mass shooting
- Oklahoma executes Richard Rojem for kidnapping, rape, murder of 7-year-old former stepdaughter
- Sam Taylor
- Harvard looks to combat antisemitism, anti-Muslim bias after protests over war in Gaza
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Bronny James drafted by Lakers in second round of NBA draft
- NBA draft first round: Zach Edey, Spurs, France big winners; Trail Blazers (too) loaded
- CDK updates dealers on status of sales software restoration after cyberattack
- Military service academies see drop in reported sexual assaults after alarming surge
- 7 youth hikers taken to Utah hospitals after lightning hits ground near group
- North Carolina’s restrictions on public mask-wearing are now law after some key revisions
- Michael Jackson's son Prince pays tribute on death anniversary, Janet poses with impersonator
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Jury orders NFL to pay nearly $4.8 billion in ‘Sunday Ticket’ case for violating antitrust laws
Frank Bensel makes hole-in-one on back-to-back shots at the U.S. Senior Open
Gun violence crisis prompts doctors to ask patients about firearm safety at home
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Intrigue of NHL draft expected to begin after the Sharks likely select Celebrini with top pick
Attempted Graceland foreclosure investigation turned over to federal law enforcement
Guardians prospect homers in first MLB at-bat - and his former teammates go wild