Walmart (WMT) Announces $3.1B Nationwide Opioid Settlement Framework

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Walmart Announces Nationwide Opioid Settlement Framework

November 15, 2022 7:10 AM EST

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart announced today it has agreed to a $3.1 billion nationwide opioid settlement framework designed to resolve substantially all opioid lawsuits and potential lawsuits by state, local, and tribal governments, if all conditions are satisfied.

Walmart believes the settlement framework is in the best interest of all parties and will provide significant aid to communities across the country in the fight against the opioid crisis, with aid reaching state and local governments faster than any other nationwide opioid settlement to date, subject to satisfying all settlement requirements.

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