National Prescription Opiate Litigation

On August 30, 2024, the United States District Court, Northern District of Ohio Eastern Division released a document on third party payor plaintiffs' motion for preliminary approval of class action settlement and direction of notice under federal rule of civil procedure 23(e). The proposed settlement before the Court resolves claims by Third Party Payor (TPP) Plaintiffs against Settling Distributors for their alleged role in the nationwide opioid crisis. The Settling Distributors will pay $300 million inclusive of any and all expenses, fees, and costs (the “Settlement Amount . . .