Walmart (WMT) reaches opioid settlement with all 50 states

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Walmart Reaches Opioid Settlement Agreements with all 50 States

December 20, 2022 1:42 PM EST

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart today announced it has surpassed the first threshold required for finalizing the companys $3.1 billion nationwide opioid settlement framework announced on Nov. 15. The company now has settlement agreements with all 50 states, including four states that previously settled with the company, as well as the District of Columbia, Puerto Rico, and three other U.S. territories, that are intended to resolve substantially all opioids-related lawsuits brought by state and local governments against Walmart. The participation exceeded the 43 states that were required to join the nationwide settlement framework by Dec. 15 for it... More