Multi-Billion Dollar Opioid Litigation Targets Drug Companies, Drugstores, and Maybe Doctors
The opioid epidemic in the United States is a massive mess. Over 200,000 people have died from overdoses of prescription narcotics over the last 20 years, according to The Washington Post. Federal, state, and local governments have spent a lot of money dealing with opioid addiction. All these governments -- and private plaintiffs -- are now suing various pharmaceutical companies and drug stores for large sums of money.
Last August, Johnson & Johnson (NYSE: JNJ) was ordered to pay $572 million to the state of Oklahoma in an opioid lawsuit. The company is appealing the ruling.
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Source Fool.com