The nation’s three largest drug distributors and a major pharmaceutical manufacturer announced Friday that a supermajority of states and localities had accepted the terms of their $26 billion offer to settle thousands of civil claims related to the deadly opioid crisis. The first checks are expected to go out in early April.
or drug distributors and the drugmaker Johnson & Johnson finalized a $26 billion agreement on Friday to bring relief to states and communities affected by the opioid epidemic, in what lawyers say is a turning point in the deadly public health crisis.
Drugmaker Johnson & Johnson and three major distributors finalized nationwide settlements over their role in the opioid addiction crisis Friday, an announcement that clears the way for $26 billion to flow to nearly every state and local government in the U.S.
Newspapers all over the country have been quietly filing antitrust lawsuits against Google and Facebook for the past year, alleging the two firms monopolized the digital ad market for revenue that would otherwise go to local news.
Charleston Gazette-Mail owner Doug Reynolds discusses the paper’s antitrust lawsuit against Facebook and Google.
Opioid distributors accused of helping to create and fuel the opioid crisis in the Huntington area asked a federal judge again Tuesday to dismiss the case against them ahead of a trial set for May.
The owner of a West Virginia newspaper has filed an antitrust lawsuit against Alphabet Inc., Google’s parent company, and Facebook, claiming they are manipulating the digital advertising market and making it harder for newspapers to survive.
“There is no financial stake large enough,” to make up for what’s happened to the newspaper industry in the past two decades, said Farrell, the lead lawyer in HD Media’s suit against the tech giants. Nationwide, more than 2,000 local newspapers have shuttered since 2004; half of all newsroom jobs have been eliminated. That tragic trend has only accelerated during the coronavirus pandemic, just when the information they provide is most needed.
“The freedom of the press is not at stake; the press itself is at stake,” lawyers Paul T. Farrell Jr., Paul J. Geller and Clayton J. Fitzsimmons wrote for HD Media.
Courts have hesitated to move to virtual settings, in large part because the scale of the opioid litigation — thought to be the most complex in U.S. history — makes it difficult to hold a trial by video conference. The city of Huntington and Cabell County in West Virginia, concerned that delays would continue as long as the virus was rampant, pushed to move the trial to a video option but didn’t succeed.
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