Carson City, NV (KXNT) - Nevada Attorney General Aaron D. Ford on Tuesday announced that Nevada has entered two additional opioid litigation settlements, bringing in tens of millions of dollars to assist with abating the opioid crisis in the state.
Nevada will receive $32.2 million from a multistate settlement with Walmart and $1.5 million from a settlement – not negotiated as part of a multistate deal – with American Drug Stores. In addition, the Mallinckrodt bankruptcy plan has been finalized, resulting in $1.8 million for Nevada.
“Nevada continues to recover funds to address the opioid crisis in our state, but there is still much more to be done,” said Attorney General Aaron Ford. “These recoveries will allow governments at all levels across the state to quickly fund programs needed to help those Nevadans affected by the opioid epidemic. My office will continue to work to hold every entity responsible for this crisis in Nevada accountable.”
In its omnibus lawsuit, the state alleged that both Walmart and American Drug Stores violated the Nevada Deceptive Trade Practices Act when they failed to properly regulate prescription opioids in Nevada. Both settlements included injunctive relief terms in addition to monetary payments.
Last year, the state, along with all Nevada counties and cities that currently have active litigation against opioid companies, came to an agreement on the intrastate allocation of funds from opioid-related recoveries. This One Nevada Agreement on Allocation of Opioid Recoveries provides a framework for how funds from any Nevada opioid-related settlement will be allocated among the state and various local governmental entities and used to remediate the harms, impact and risks caused by the opioid epidemic in the state.