Top drug distributors in talks to settle opioid litigation for $18 billion, report says [CNBC]
Cardinal Health, Inc. (CAH)
Last cardinal health, inc. earnings: 2/6 06:55 am
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Source: CNBC
Top drug distributors in talks to settle opioid litigation for $18 billion, report says State and local officials are reportedly in talks with three major drug distributors on a potential $18 billion settlement of litigation that blames them for helping to fuel the U.S. opioid epidemic. The potential settlement, according to The Wall Street Journal McKesson AmerisourceBergen Cardinal Health AmerisourceBergen declined to comment. McKesson and Cardinal Health didn't immediately respond to requests for comment. "As previously stated, we remain open to viable options to resolve these cases, including through settlement," J&J spokesman Jake Sargent said when asked about the potential settlement. States, local governments and Native American tribes have filed some 2,000 opioid lawsuits against the distributors, drugmakers and other companies public officials say contributed to the opioid crisis. The three drug distributors were slated to go to trial Monday in U.S. District Court in Clevela
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CAH
Earnings
- 11/1/24 - Beat
CAH
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 8-K
- 11/15/24 - Form 424B5
- CAH's page on the SEC website