The Office of the Attorney General (“OAG”) reached a $5 billion multistate settlement with CVS for the company’s role in the national opioid epidemic, including inadequately monitoring opioid prescriptions. Over $300 million is designated for Texas. The agreement with CVS is one of numerous multi-billion-dollar settlements resulting from litigation by state attorneys general against the pharmaceutical industry for practices that escalated a nationwide crisis of fatal abuse of addictive prescription narcotics. The settlement with CVS […]