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 more at News.law