Get all your news in one place.
100's of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
National

Walmart offers $3bn to settle lawsuits over role in opioid crisis

The retail giant Walmart joins chains like CVS and Walgreens in settling lawsuits related to their roles in the opioid crisis [File: Kamil Krzaczynski/Reuters]

The US retail giant Walmart has said that it will pay $3.1bn as a tentative settlement in lawsuits brought by state, local and tribal governments over the company’s role in the opioid crisis.

Walmart announced the settlement framework in a statement released Tuesday, offering to pay a fee that amounts to about 2 percent of its quarterly revenue, which AFP says is more than $150bn.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.