Walmart became the third big chain store in November to announce a multi-billion-dollar settlement to resolve opioid lawsuits filed by state and local governments. The Nov. 15 announcement by the Bentonville, Arkansas-based retail giant said that Walmart would be willing to pay $3.1 billion to settle claims that it failed to curb the dispensing of opioid drugs at its pharmacies throughout the country.
Walmart’s settlement offer follows similar moves by CVS Health and Walgreens Co., both of which announced settlement plans of $5 billion on Nov. 2, the Associated Press reported.