Kroger Will Pay $1.2 Billion to Settle Opioid Claims
Summary from the AllSides News Team
The grocery store chain Kroger agreed to pay $1.2 billion to settle claims it improperly regulated the sale of opioids in its stores.
Details: Kroger is one of the largest retailers in the United States, operating over 2,000 locations. The settlement money will be paid over 11 years to impacted states, local governments and Native American tribes. Kroger was accused of improperly monitoring prescriptions on opioid painkillers, which are highly addictive. Over the past year, three other pharmacy chains — Walgreens, CVS, and Walmart — reached similar settlements over opioid-related claims. According to the CDC, over 564,000 people died of opioid overdoses between 1999 and 2020.
Key Quotes: A statement from Kroger read, “This is an important milestone in the Company's efforts to resolve the pending opioid litigation and support abatement efforts. Kroger has long served as a leader in combatting opioid abuse and remains committed to patient safety.” The statement adds, “This settlement is not an admission of wrongdoing or liability by Kroger and Kroger will continue to vigorously defend against any other claims and lawsuits relating to opioids that the final agreement does not resolve.” North Carolina Attorney General Josh Stein said the settlement “will help save lives, and we will make sure these companies can’t repeat their mistakes.”
How the Media Covered It: Outlets across the spectrum mildly covered the settlement, linking it to the wider effort to combat the opioid epidemic.
Featured Coverage of this Story
From the Center
Kroger will pay up to $1.2 billion to settle most nationwide opioid claimsKroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales.
The settlement would allow for “full resolution” of all claims on behalf of those parties, the company said in a release ahead of its fiscal second-quarter earnings. Kroger is now the latest retail pharmacy chain to announce a nationwide settlement agreement after Walgreens, CVS and Walmart did last fall.
Still, Kroger...
From the Right
Kroger reaches $1.2 billion settlement in opioid lawsuitsKroger has reached a $1.2 billion national settlement for communities affected by its opioid sales, with an additional $36 million for Native American tribes.
The company’s public shares dropped on Friday after the grocery store giant's second-quarter earnings report. The agreement will result in a $1.4 billion charge to its second-quarter earnings, a tally that equates to around $1.54 per share. Similar economic consequences have affected various pharmaceutical retailers, such as Walgreens, Walmart, CVS, and Rite Aid.
From the Left
Kroger Agrees to Pay $1.2 Billion to Settle Opioid ClaimsThe grocery chain Kroger said on Friday it had agreed to pay about $1.2 billion to states, local governments and Native American tribes to settle claims that its retail pharmacies played a role in fueling the opioid crisis.
Kroger, which was accused of improperly monitoring prescriptions of highly addictive painkillers filled in its store pharmacies, said it would pay the settlement over 11 years, beginning in December. The company said that legal fees, which will be paid over six years, would add $177 million to the total.
Kroger said that...
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