Albertsons agrees to pay more than $773 million in opioid settlement

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Albertsons has agreed to pay over $773 million to settle claims regarding its role in the opioid epidemic, with Colorado receiving at least $32 million.

Summary

Grocery chain Albertsons has reached an agreement in principle to pay more than $773 million to resolve claims related to its involvement in the opioid crisis. Colorado Attorney General Phil Weiser announced that the state is expected to receive at least $32 million from the settlement. These funds will be allocated to support drug treatment, recovery programs, prevention initiatives, and educational efforts. The agreement also includes ongoing negotiations regarding future changes to Albertsons’ handling of opioid medications, encompassing both Albertsons and Safeway stores operating within Colorado. The settlement aims to address the devastating impact of the opioid epidemic and provide resources for communities affected by the crisis.

(Source:Https://www.kjct8.com)

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