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Civil Plaintiff

Nevada Reaches $152 Million Opioid Settlement With CVS Pharmacy

Nevada and pharmacy chain CVS have reached a nearly $152 million settlement to be paid over the next decade to end a lawsuit over opioid claims, state Attorney General Aaron Ford announced Tuesday.

“CVS negotiated in good faith,” Ford said at a news conference in Carson City. “Their work with the state of Nevada … will help our state tackle the opioid problem.”

According to an Associated Press analysis, the settlement is one of the 10 largest between a single state and a single company over opioid claims. It also puts the total money Nevada expects to receive from opioid litigation settlements since 2020 at $606 million, according to Ford’s office. It marks the largest sum the state has brought in opioid-related litigation by itself.

Read the source article at apnews.com

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