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Walgreens reaches $500 million deal with New Mexico over opioid crisis
© Reuters. FILE PHOTO: People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly
By Brendan Pierson
(Reuters) – Walgreens Boots Alliance (NASDAQ:) has agreed to pay $500 million to New Mexico to settle claims that it fueled opioid addiction in the state by failing to stop illegal pill sales, lawyers for the state announced on Friday.
The settlement came after a non-jury trial last year in the state’s lawsuit against the company. The judge overseeing that trial had not yet ruled on the state’s claims.
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