Thank you for sharing!

Your article was successfully shared with the contacts you provided.
(Photo: Video_Creative/Shutterstock.com) Johnson & Johnson did not make an admission of liability and continues to maintain that its marketing and promotion of prescription pain medication was “appropriate and responsible.” (Photo: Video_Creative/Shutterstock.com)

With two days to go before opening arguments are set to begin in the state of New York’s multidefendant opioid lawsuit, Johnson & Johnson and New York Attorney General Letitia James on Saturday announced that the pharmaceutical company has reached a settlement, removing one of the highest-profile defendants from the suit.

The settlement involves payments of up to $263 million to the defendants, including the state of New York and Nassau and Suffolk counties, intended to help them address opioid-related issues. The money represents the share New York would have received from Johnson & Johnson’s $5 billion proposed settlement with states, cities, counties and tribal governments.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.