THE AMERICA ONE NEWS
Jun 3, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
The Epoch Times
The Epoch Times
8 Sep 2023


NextImg:Kroger Agrees to $1.2 Billion Settlement Over Nationwide Opioid Claims

Kroger, the American supermarket and pharmacy chain, has agreed to pay more than $1 billion to settle the majority of claims in a multi-party lawsuit.

The company announced on Sept. 8 that $1.2 billion would be paid out to states and local governments, with another $36 million to Native American communities, to fund for opioid treatment efforts.

Several states, local governments, and tribes accused the company of facilitating the U.S. opioid epidemic.

Thousands of lawsuits have been filed against drug distributors, pharmacies, and wholesalers over the years for their contribution to the opioid crisis.

More than 564,000 people have died from overdoses involving opioids through prescription and illicit sources between 1999 and 2020, according to the latest data from the Centers for Disease Control.

Kroger Hopes to Settle Numerous Opioid-Related Lawsuits

Thirty-three states, the District of Columbia, along with Indian tribes and municipalities, will each have an opportunity to opt-in to participate in the settlement.

The settlement would allow for “full resolution” of all claims on behalf of all parties if all conditions are satisfied, announced the retailer in a press statement.

The payments will be made out in even installments over the next 11 years, beginning in December.

However, in a statement, Kroger said that the settlement was not an admission of wrongdoing or liability.

“Kroger will continue to vigorously defend against any other claims and lawsuits relating to opioids that the final agreement does not resolve,” the company said in the release.

Meanwhile, the supermarket chain also released its second-quarter earnings report the same day.

Kroger expects to take a $1.4 billion net loss for the second quarter due to the settlements and associated legal fees, “which will negatively impact earnings.”

Other Retailers Face Similar Claims

Most opioid deaths were caused by prescription drugs, but government authorities, doctors, and retailers have since taken steps to make them harder to obtain.

Unfortunately, some of those who are severely addicted have switched to stronger opioid-based substances, which are more deadly.

Kroger is the latest major retailer to announce a nationwide settlement agreement over opioids, after WalgreensCVS, and Walmart came a similar arrangement last fall.

Walmart has paid out $3.1 billion to settle claims, while CVS and Walgreens agreed to pay about $5 billion and $4.95 billion, respectively.

Rite Aid is the only remaining major pharmacy chain to reach a nationwide opioid settlement, but it did agree to pay $30 million to West Virginia last fall.

The company is reportedly on the verge of filing for bankruptcy later this fall to help restructure its debt and halt ongoing opioid lawsuits, according to Reuters.

Lawyers for the plaintiffs called Kroger's decision an important step toward holding accountable the companies which played a role in the opioid epidemic.

The settlement agreement “is the first involving one of the smaller, regional supermarket pharmacies that still played a significant part in the opioid crisis. With many cases against regional pharmacy defendants still pending, we will continue to aggressively litigate these remaining cases,” the attorneys stated.

They further encouraged all eligible states and municipalities to join the agreement “to expedite the process of providing these life-saving resources where they are needed most.”

The Epoch Times reached out to Kroger for comment.