$111M Settlement Agreed Upon by Cencora Directors Over Alleged Opioid Mismanagement

Cencora directors have agreed to pay upwards of $111 million to settle allegations that they failed to stop the drug distributor from perpetuating the U.S. opioid epidemic.

The lawsuit brought by pension funds accused Cencora’s leadership of ignoring red flags around how the company was dispensing the highly addictive painkillers for years — including dubiously large opioid shipments — and failing to properly monitor opioid sales.

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