Title
Kroger Company National Opioid Settlement Agreement
Action
ACTION:
Authorize participation in the Kroger Company National Opioid Settlement Agreement
Staff Contact: Tyrone C. Wade, County Attorney
Presentation: No
BACKGROUND/JUSTIFICATION:
Mecklenburg County, along with several counties and municipalities in North Carolina joined with thousands of local governments across the country to file lawsuits against Opioid manufacturers and pharmaceutical distribution command chain drug stores to hold those companies accountable for their misconduct.
Settlements have been reached in litigation against Walmart, Inc., Teva Pharmaceutical Industries Ltd., Allergan Finance, LLC, Allergan Limited, CVS Health Corporation, CVS Pharmacy, Inc., and Walgreen Co., as well as their subsidiaries, affiliates, officers, and directors named in these Settlements.
A proposed new nationwide settlement agreement has been reached with the Kroger Company, and the County has the opportunity to opt-in and participate in the new settlement agreement. This agreement will resolve the legal claims of the states and local political subdivisions against the regional supermarket pharmacy Kroger Company related to the alleged Opioid misconduct.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
N/A