Baron & Budd Announces $1.4 Billion Settlement From Kroger in Nationwide Opioid Lawsuit

The massive settlement will aid state and local governments across the nation in their recovery efforts from the devastating effects of the opioid crisis.

September 09, 2023 05:04 AM Eastern Daylight Time

DALLAS--(BUSINESS WIRE)--Today, the nationally recognized attorneys at Baron & Budd announced a $1.4 billion nationwide settlement agreement with retail pharmacy giant Kroger concerning the company’s role in the opioid epidemic. Baron & Budd’s President and Managing Shareholder, Russell Budd, played a lead role in negotiating the settlement. When added to the previous settlements obtained from opioids manufacturers, distributors, and pharmacies, this $1.4 billion settlement with Kroger brings the total national settlement value to nearly $61.4 billion.