CVS and Walgreens Agree to Pay $10 Billion in Opioid Settlement

“We are pleased to resolve these longstanding claims and putting them behind us is in the best interest of all parties, as well as our customers, colleagues and shareholders,” said Thomas Moriarty in

. Moriarty is the Chief Policy Officer and General Counsel for CVS Health. “We are committed to working with states, municipalities and tribes, and will continue our own important initiatives to help reduce the illegitimate use of prescription opioids.”During the third quarter, the Company entered into settlement agreements with two states and a tribe to settle all opioid claims against it.

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