Story perspectives
Walgreens Settles Opioid Allegations for $350 Million
4/24/2025
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Story summary
- Walgreens will pay up to $350 million to settle DOJ allegations of illegal opioid prescriptions from 2012 to 2023.
- The settlement includes a guaranteed $300 million, with an extra $50 million if sold or merged before 2032.
- DOJ alleges Walgreens pressured pharmacists to fill prescriptions despite obvious red flags.
- Walgreens will improve compliance measures and staff training as part of the agreement.
- The company denies wrongdoing but seeks to resolve opioid litigation and refocus on its turnaround strategy.
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