Walgreens Settles Florida Opioid Sales Suit for $683 Million (1)

Walgreens Boots Alliance Inc. reached a $683 million settlement with the state of Florida over claims that the company contributed to the opioid crisis by improperly marketing the painkillers.

The deal, which calls on the pharmacy chain to pay out $620 million over 18 years and sets aside another $63 million for attorney’s fees, puts an end to a trial in a state court north of Tampa. Florida officials alleged Walgreens dispensed more than 4 billion opioid prescriptions in Florida over a 15-year period starting in 2006 and failed to pick up on red flags about potential misuse on about ...