Johnson & Johnson agreed to pay its $70.3 million in a lump-sum payment this year. Alabama is accusing McKesson of failing to prevent the diversion of opioids for illicit purposes, and accused Endo of engaging in deceptive marketing practices that misrepresented the painkillers benefits and downplayed their addictive risks, according to its court filings. He can be reached at brendan.pierson@thomsonreuters.com. Alabama filed a lawsuit against Endo Pharmaceuticals, McKesson Corporation, and other companies in 2019. The state is asking for civil penalties, restitution, and punitive damages. Alabama will receive $7.6 million this year, and a total of $9 million, from McKinsey & Company. Office Main Number: 334-242-7300 Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). Endo Pharmaceutical: The State of Alabama and its subdivisions will receive $25 million in 2022 in a lump-sum payment.By comparison, two similarly populated states and their subdivisions settled . Endo is not a part of that nationwide settlement. The industry leader for online information for tax, accounting and finance professionals. A court filing made Tuesday, Feb. 1, 2022 in Cleveland lays out the details of the settlements with. See here for a complete list of exchanges and delays. Alabama et al. Office of Victim Assistance: 1-800-626-7676, Attorney General's Office The industry leader for online information for tax, accounting and finance professionals. The state in its complaint says the companies are responsible for burdening it with the increasing monetary and societal costs of responding to the effects of the opioid epidemic and should be forced to pay billions of dollars to remedy the public nuisance they have created. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The primary duty of the Attorney General is to serve as legal counsel to Alabama's state agencies, departments, and officers. Be sure to reference where the error appears on the page and what needs to be done specifically. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Consumer Interest Division: 1-800-392-5658 Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. We take pride in exposing the hypocrisy of corporations, other organizations, and individuals whose actions put innocent people in harms way. Alabama, which has had among the highest rates of opioid prescriptions of any state, said the companies should be forced to pay to remedy the harms created by opioid addiction. As the court knows, the state has completed a settlement with Endo, the other defendant, McKesson said in a written statement. Sara is certified in children's book writing, HTML coding and social media marketing. Spokespeople for both Alabama Attorney General Steve Marshall's office and Endo declined to comment. Due to the ongoing settlement talks and the deal negotiated with Endo, Democratic Judge J.R. Gaines set a new trial date for April 18, 2022. The hold was announced right when jury selection was set to start. Weathersby, et al. The state's lawyers at Beasley, Allen, Crow, Methvin, Portis & Miles contend that the companies' actions led to the abuse of opioids in Alabama, which had one of the highest prescription rates for the drugs in the nation. Attorney General's Office - go to homepage. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Your email address will not be published. Washington, DC 20036, As the nonpartisan national forum for America's state and territory attorneys general and their staff, NAAG provides collaboration, insight, and expertise to empower and champion America's attorneys general. Jury selection begins on Monday in Montgomery County Circuit Court in a lawsuit by Alabama Attorney General Steve Marshall, who declined by a September deadline to join a proposed $26 billion settlement by McKesson, two other distributors and the drugmaker Johnson & Johnson. The state is one of eight that opted to not settle with McKesson, who along with rivals AmerisourceBergen and Cardinal Health agreed in July to pay $21 billion to resolve thousands of opioid lawsuits by other states and local governments. Community Rules apply to all content you upload or otherwise submit to this site. Alabamas case is State of Alabama v. Endo Health Solutions Inc, Montgomery County Circuit Court, Alabama, No. Alabama will receive $25 million this year from Endo Pharmaceutical, which produced generic opioid medications. Nate Raymond reports on the federal judiciary and litigation. The company has said it is considering "strategic alternatives" if it cannot reach a global settlement, and plaintiffs have raised the possibility of Endo filing for bankruptcy. (Reuters) - Alabama has resolved claims against drugmaker Endo International Plc over its alleged role in the opioid epidemic and is in settlement talks with distributor McKesson Corp,. Endo Pharmaceuticals Inc., Civil Action No. In addition to the funding for remediation, the state recovered approximately $40 million in attorneys fees and costs. Endo International PLC; Endo Pharmaceuticals Inc. Eighteen states reached a settlement with Endo Pharmaceuticals Inc. under which Endo paid $2.3 million to settle allegations it entered into a reverse-payment agreement to obstruct generic competition to Lidoderm, a pain relief patch frequently used to treat shingles. IMPORTANT UPDATE v. Endo International (Lidoderm) Settlement. "As the court knows, the state has completed a settlement with Endo, the other defendant," McKesson said. July 19, 2019), Connect with NAAG and the Attorney General Community, To provide you more clarity about how we collect, store and use personal information, and your rights to control that information, we have updated our, NAGTRI Center for Ethics & Public Integrity, NAGTRI Center for International Partnerships & Strategic Collaboration, NAGTRI Center for Legal Advocacy & Faculty Development, Alabama et al. By comparison, two similarly populated states and their subdivisions settled with Endo for 26% and 35% of the total that Alabama was able to secure. If the proposed settlement is agreed upon by both parties, the City of Dothan is estimated to receive $144,614 allocated from a $10 million statewide settlement, according to a special master. He can be reached at nate.raymond@thomsonreuters.com. v. Endo . Alabama News Network Staff. As a result, Watson waited a year to introduce its generic product, and at that time, Endo agreed to refrain from competing with its own authorized generic version of its product for the first seven and a half months of Watsons generic sales, according to the complaint. Thomas Sullivan is Editor of Policy and Medicine, President of Rockpointe Corporation, founded in 1995 to provide continuing medical education to healthcare professionals around the world. Alabama chose to reject the multi-litigation settlement in order to to pursue its own legal strategy to best address the impact of the opioid crisis on Alabama, said Mike Lewis, spokesperson for the states Republican attorney general, Steve Marshall. The information contained on this website is only a summary of the information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Motion for an Award of Attorneys' Fees and Reimbursement of Litigation Expenses; and (III) Settlement Fairness Hearing ("Notice"). The Attorney General's Office does not handle any domestic cases (example: child support, child custody, divorce, etc.) Terms of the settlement were not immediately available. Two states with populations similar to Alabama settled with Endo for 26% and 35% of the total amount that Alabama was able to obtain. Attorney General Marshall affirmed his prior decision to not participate in the national opioid settlements, saying, These three settlement agreements affirm my decision to decline participation in the national opioid settlements, which did not adequately acknowledge the unique harm that Alabamians have endured and would have redirected millions of dollars to bigger states that experienced a less severe impact.. Alabama was one of eight states, however, to refuse to join the proposed $26 billion settlement of opioid litigation against McKesson, two other distributors, and Johnson & Johnson by the September deadline. The states lawsuit against opioid manufacturer Endo Pharmaceuticals and distributor McKesson Corporation is set for trial starting Nov. 1 in Montgomery County Circuit Court, Lewis said. Learn More, 2023 Copyright National Association of Attorneys General. The state of Alabama has settled with drugmaker Endo International Plc over its alleged role in the opioid epidemic and is now in talks with distributor McKesson Corp. Please disable your ad-blocker and refresh. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. ), which is also being sued by Alabama. The settlement funds will be split 50/50 between the state and its subdivisions. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The URL for the page will be included in a hidden field when the form is submitted. In an August summary judgment motion, McKesson also argued the state lacked evidence the drugs it distributed were diverted and said the rise in opioid shipments was due not to its actions but doctors writing more prescriptions. Is this happening to you frequently? The state governments share of each settlement will be deposited into the General Fund. CV-2019-901174. Of those funds, the state will get $15 million minus attorneys' fees and its litigating subdivisions will receive $10 million. The resolution includes a deferred prosecution agreement and forfeiture totaling $20.8 million and civil false claims settlements with the federal government and the states and the District of Columbia totaling $171.9 million. Reuters reported today that Georgia, New Mexico, Oklahoma, Washington, and West Virginia have not agreed to the settlement. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free 1-844-961-0316; emailing Info@EndoSecuritiesLitigationSettlement.com; or mailing a letter to: SEB Investment Management AB v. The state of Alabama has settled with drugmaker Endo International Plc over its alleged role in the opioid epidemic and is now in talks with distributor McKesson Corp. Endo, in an October filing, said that Alabama was seeking at least $10 billion to abate the epidemic and public nuisance the state argued [it] created, as well as $1.65 billion in damages stemming for diminished income and sales tax revenues.. Gwengoat/iStock via Getty Images. Johnson & Johnson also notated that the settlement is not an admission of any wrongdoing and that the company no longer distributes its prescription opioids, and that its drugs accounted for less than 1% of total opioid prescriptions in both Alabama and the United States. Alabama will spend nearly one-third of the $9 million opioid crisis settlement money with McKinsey & Company, on investments in the state's forensic labs, according to the attorney general's office. Because this website is just a summary, you should review the Notice and Frequently Asked Questions for additional details. More than 3,300 lawsuits are pending against drugmakers, distributors, and pharmacies by plaintiffs including states and local governments over an epidemic that led to nearly 500,000 overdose deaths from 1999 to 2019, according to the Centers for Disease Control and Prevention (CDC).
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