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State AG’s propose $48B Global Opioid Settlement

Pennsylvania Attorney General Josh Shapiro announced on Monday a proposal to settle thousands of opioid lawsuits across the country for $48 billion in cash and treatment medication from major pharmaceutical companies.

The proposal on the table is meant to resolve litigation in all 50 states and the District of Columbia. The group of four state attorneys general leading the settlement talks said they are now working to get other states and local governments on board, in an attempt to resolve the massive litigation stemming from an opioid crisis that has led to more than 400,000 deaths and left cities and countries struggling with the costs of addiction in their communities.

But one of the lead attorneys for cases brought by cities and counties indicated the proposal will be an uphill battle. “We rejected this very proposal last week and continue to do so,” said Paul Hanly.

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