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Business
The Associated Press

Walmart offers to pay $3.1 billion to settle opioid lawsuits

Walmart announced a plan Tuesday to settle lawsuits filed by state and local governments over opioid sales at its pharmacies. The $3.1 billion proposal follows similar announcements CVS Health and Walgreen Co. (Nam Y. Huh/AP)

Retail giant Walmart on Tuesday become the latest major player in the drug industry to announce a plan to settle lawsuits filed by state and local governments over the toll of powerful prescription opioids sold at its pharmacies with state and local governments across the U.S.

The $3.1 billion proposal follows similar announcements Nov. 2 from the two largest U.S. pharmacy chains, CVS Health and Walgreen Co., which each said they would pay about $5 billion.

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