Law360: Global Opioid Settlement and NY Opioid Trial
July 22, 2021
The New York attorney general and six other state attorneys general on Wednesday formally announced a global opioid settlement worth $26 billion with Johnson & Johnson and the nation's three largest drug distributors.
A trial over the New York state and two Long Island counties' opioid suit (Nassau County is a client of Napoli Shkolnik) is currently ongoing against drugmakers. J&J exited the trial in June with a $230 million settlement and the distributors struck a $1.1 billion deal Tuesday.