Business Deal
October 21, 2019
2 Ohio Counties Reach Settlement In Lawsuit Over Opioid Epidemic
Three U.S. drug distributors and a manufacturer reached a last-minute deal with two Ohio counties Monday, avoiding what would have been the first trial in a federal case on the opioid crisis.
October 22, 2019
Opioid Settlement In Ohio Leaves Many Unanswered Questions
Two counties in Ohio have reached a major opioid settlement with the drug industry. It's valued at roughly $260 million. Local officials say that money paid out by drugmakers and distributors is desperately needed as they struggle to cope with the addiction crisis. But the settlement in Cleveland failed to produce clear legal precedents or any kind of national model for compensation as many observers had hoped. North Country Public Radio's Brian Mann reports.
October 21, 2019
Family impacted by opioid crisis wants reckoning
Four of the six defendants in a landmark federal case against opioid manufacturers and distributors negotiated a last-minute settlement. The tentative deal reportedly will cost those companies a combined $260 million, but avoids a trial that was supposed to begin in Cleveland Monday morning.
October 21, 2019
Drug companies strike 11th-hour deal to avoid major opioid trial
Major drug companies reached a late-breaking settlement with two Ohio counties over their alleged role in the opioid epidemic hours before the first federal trial was set to begin today.
October 21, 2019
Drug firms avert landmark opioid trial as talks on $48-billion settlement set to resume
CLEVELAND (Reuters) - Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the U.S. opioid epidemic.
October 21, 2019
$260 million deal averts 1st federal trial on opioid crisis
CLEVELAND (AP) — The nation’s three biggest drug distributors and a major drugmaker agreed to an 11th-hour, $260 million settlement Monday over the terrible toll taken by opioids in two Ohio counties, averting the first federal trial over the crisis.
October 21, 2019
Four drug companies reach a last-minute $260 million opioid settlement with two Ohio counties
Four large drug companies reached a last-minute $260 million legal settlement on Monday over their role in the U.S. opioid addiction epidemic, striking a deal with two Ohio counties to avert the first federal trial over the crisis.
October 2, 2019
In Opioid Settlement, Johnson & Johnson Agrees To Pay Ohio Counties $20 Million
Johnson & Johnson and two Ohio counties have reached a tentative $20.4 million settlement that removes the corporation from the first federal lawsuit against opioid manufacturers, scheduled to begin later this month.
