POST Online Media Lite Edition



 

AG Ferguson: Half-billion dollars to fight opioid epidemic will start flowing December 1

Christian Fernsby |
Attorney General Bob Ferguson announced that Washington state is set to receive the maximum $518 million under a resolution with three companies found to have played key roles in fueling the opioid epidemic.

Article continues below




All 125 eligible local governments signed onto the half-billion dollar opioid resolution stemming from Ferguson’s lawsuit. The completion of the resolution ends Ferguson’s lawsuit. The first payments will begin flowing to Washington communities December 1.

After rejecting a national settlement, Ferguson went to trial against McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Drug Corp. in King County Superior Court on November 15, 2021.

The trial lasted six months, and led to a resolution requiring the three Fortune 15 companies to pay a total of $518 million — $46 million more than Washington would have received under the national settlement. Ferguson is directing the additional $46 million be used to provide substance abuse treatment and support other strategies to address the opioid crisis, including housing and other wrap-around services.

All 125 jurisdictions joined the resolution, ensuring that the maximum recovery would come to Washington. Local governments will receive a total of $215 million, divided per an agreement negotiated amongst themselves.

The state will also receive $215 million to fund opioid remediation, plus the additional $46 million Ferguson is directing to that purpose. In all, more than $476 million will be directed to addressing the opioid epidemic in Washington, paid over a period of 17 years.

The first payment is the largest. Washington will receive $55 million on December 1. These resources will support improved and expanded treatment options, youth-focused prevention strategies, support for first responders and other evidence-based programs and services that will help communities heal.

“This is a major milestone — one of the largest resolutions in Washington state history — but we’re not done fighting back against the opioid epidemic,” Ferguson said. “This represents significant accountability for the opioid distributors that helped fuel the epidemic, as well as urgently needed resources to fight it. The crisis is far from over. Our fight to hold these mega-corporations accountable will continue.”

This is part of a wider effort by Ferguson to combat the opioid epidemic and recover resources to address the ongoing crisis.

It is the second time Ferguson’s rejection of a national settlement led to a better deal for Washingtonians. In March, Ferguson announced that Washington will receive $183 million to address the opioid crisis as a result of his office successfully leading the challenge to the Purdue bankruptcy plan — $113 million more than Washington would have received under the original deal.

As part of his strategy of rejecting national settlements and choosing to litigate, Ferguson also declined to settle with Johnson & Johnson last year. The Washington Attorney General’s Office has a trial scheduled against opioid manufacturer Johnson & Johnson in September. Ferguson’s legal team is conducting multiple ongoing investigations into conduct by other entities that helped fuel the epidemic.

In all, Ferguson’s opioid initiative has recovered approximately three-quarters of a billion dollars for Washington.

In order to finalize the resolution and receive the full recovery, 125 local governments needed to sign onto the agreement, including:

• All 37 Washington local governments that filed suit against the three opioid distributors needed to join this resolution; and
• All local governments that did not file a lawsuit, but have a population of more than 10,000, needed to sign on — a total of 88 jurisdictions.

Had the sign-on effort fallen short, Washington would have received a lower dollar figure, or the entire resolution could have been jeopardized.


What to read next

AG Ferguson warns medical providers to beware of scams that their medical license was suspended
Highlights: January 4, 2021 - January 9, 2021
Highlights: April 6, 2020 - April 11, 2020

IATA calls on Denmark and Iceland to revoke planned ATC rate hikes

 
The International Air Transport Association (IATA) called on both the Danish and Icelandic Air Navigation Service Providers (ANSP) to revoke the planned increases in air traffic charges set to come into effect on 1 January 2023.
 
 

Latest

ASUS launches ExpertBook B9 for executives
Carrefour developing its same-day delivery services in the Ile-de-France region, hiring
Trade in electric cars in EU steadily increasing
Switzerland fines ABB $4.3 mn over South Africa bribery

NEWS

Norwegian safety authority investiagates very serious marine casualty south of Cape Horn

Chilean truckers have called off strike
5.4 magnitude earthquake hits north New Zealand
UN appeals for record $51.5 billion to help 230 million
U.S.: Winter storm impacting west
AG James and NY Drug Enforcement Task Force take down ghost gun trafficking ring
 

BUSINESS

Vessels carrying Ukrainian food exports to Indonesia, Algeria, Egypt, Israel, China, Spain, Greece

10 days of paid sick leave now in force for federally regulated workers across Canada
Connecticut AG joins coalition supporting suspension of rule authorizing unsafe liquefied natural gas trains
Air cargo rates continue to decline in November
Houston program to provide affordable and accessible rooftop solar
Major milestone for Sydney's new harbour tunnel
 

Trending Now

South Dakota Governor signs executive order banning TikTok

"Pets with Love" Dog Adoption Carnival 2022 to be held in Hong Kong

More than £70 million to turbocharge the future of clean transport

IATA calls on Denmark and Iceland to revoke planned ATC rate hikes


POLITICS

Ukraine allots extra funds to compensate cost of grain for Ethiopia, Somalia

Prime Minister: Estonia experiencing shortage of electricity, power outages possible
More than £70 million to turbocharge the future of clean transport
Canada approves Marathon Palladium Project
Italy approves decree to place Lukoil refinery under trusteeship
Commission approves €600 million Slovak scheme to support companies
 

Today We Recommend

UN appeals for record $51.5 billion to help 230 million


Highlights 

Global food prices overall hold steady in November

Essar plans $4.9 bln petrochemical complex in Odisha

Technomics to expand in Virginia, creating 150 new jobs


COMPANIES

Aker BP approves $19 bln oil, gas investment plan

Orlen rebrands Lukoil fuel stations, to buy gas stations in Hungary and Slovakia
EDF submits bid to build new unit at Czech nuclear power plant
Uniper seeks multibillion-euro compensation from Gazprom
ASSA ABLOY sells Emtek and Smart Residential business in U.S. and Canada
18-state effort calling on UPS and FedEx to clarify gun-purchase tracking polices
 

CAREERS

Totally appoints John McMullan as medical director

Derby Building Products promotes Michael Morris to SVP
Former UK CMA CEO Andrea Coscelli to join Keystone
US Foods appoints Dave Flitman as CEO
G Mining Ventures appoints Carlos Vilhena to board
Criterium Energy appoints David Dunlop as director
 

ECONOMY

Cyprus' GDP growth estimated at 5.4 pct in Q3

UK house prices tumbled 1.4% in November
France's GDP growth slows to 0.2 pct in Q3
Companies in Germany looking to hire more staff
U.S. pending home sales fall 4.6% in October
Manufacturing output prices almost 21 percent up in Netherlands in October
 

EARNINGS

Big Lots Q3 loss $4.33 million

Kroger Q3 profit decreases
Dollar General Q3 income advances
G-III Apparel Q3 net sales ncreased 6.2%
National Bank of Montreal Q4 net income $738 million
Salesforce Q3 revenue $7.84 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Dutch cattle herd size barely changed in 2022

Global food prices overall hold steady in November
Peru slaughters more than 37,000 poultry after bird flu outbreak
Russia plans to extend ban on rice exports for first half of 2023
Hong Kong: Black-faced spoonbill carcass tests positive for H5N1 virus
Equine infectious anemia found in North Carolina horses
 

LEADERSHIP

Corporate duty waivers limit organic company growth and innovation

Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
 

CRIME

New Mexico AG announces $58.5 million opioid settlement with Smith’s Food and drug parent Kroger

Florida AG announces multistate action against CarMax over the disclosure of safety recalls
Baltimore, Md. announces approval of $537 million class action settlement with Monsanto for PCB contamination
Illinois AG announces $9.4 million settlement with Google and iHeartMedia over misleading ads for PIXEL 4 phone
Illinois announces $6.6 billion settlement with opioid makers Teva and Allergan
European prosecutors bust €2.2 billion VAT fraud scheme
 

Magazine

TRAVEL

"Pets with Love" Dog Adoption Carnival 2022 to be held in Hong Kong

Weather-resistant ArtWalk Downtown Billings, Montana
Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal
Candlewood Suites Hotel opens in Aberdeen, Md.
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
 

SEA, LAND, AIR

Lamborghini Huracán Sterrato, first super sports car for any terrain

New colorful Porsche 718 Style Edition models
2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
 

DESIGN

Patchwork carpets, vintage Persian carpets made with unparalleled skill

Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
 

GADGETS

Take Elektor Fortissimo and make your own high-end amplifier

RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
 

HEALTH

Nearly 200 sick in EU and UK Salmonella outbreak

FDA bans Eli Lilly, Regeneron antibody use in COVID-19 patients infected by omicron
'Breakthrough' Alzheimer's cure has serious side effects
WHO updates emergency use listing for Novavax Nuvaxovid COVID-19 vaccine
Strong recommendation for pyronaridine-artesunate in revised WHO Malaria Treatment Guidelines
Pakistan launches anti-polio vaccination drive to inoculate 13.5 mln children
 

MEANTIME

Lagoon dries up as drought grips Peru

Mysteriously bright flash is black hole jet pointing straight toward Earth
Researchers discover Egypt's oldest tomb oriented to winter solstice
China's latest manned space mission blasts off
Astrophysicists hunt for second-closest supermassive black hole
New European supercomputer inaugurated in Italy