WASHINGTON (dpa-AFX) - Walgreens Boots Alliance, Inc. (WBA) announced Wednesday it has agreed in principle to financial amounts and payment terms as part of settlement frameworks to substantially resolve opioid-related litigation.
Under these frameworks, the company expects to settle all opioid claims against it by participating states, subdivisions and tribes, for up to approximately $4.95 billion in remediation payments to be paid out over 15 years.
The settlement frameworks include no admission of wrongdoing or liability by the company.
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2022 AFX News