Articles by Nate Raymond

Drug Distributors, J&J Agree to Finalize $26 Billion Opioid Settlement

The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments that they helped fuel the U.S. opioid epidemic. Distributors McKesson Corp., AmerisourceBergen Corp., …

Teva, Texas Agree to Opioid Settlement Worth $225 million

Teva Pharmaceutical Industries Ltd has reached a settlement worth $225 million to resolve claims the drugmaker fueled an opioid epidemic in Texas by improperly marketing addictive pain medications, the state’s attorney general said on Monday. Texas Attorney General Ken Paxton …

13 States Agree U.S. Law Does Not Bar Mexico’s $10B Suit Against U.S. Gun Makers

Thirteen U.S. states and two Latin America and Caribbean nations on Monday threw their support behind a lawsuit from Mexico that accuses several major U.S. gun makers of facilitating the trafficking of weapons to drug cartels, leading to thousands of …

J&J Reaches Opioid Settlement with New Mexico

Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims that it fueled the opioid epidemic in New Mexico, a state which originally opted against participating in a nationwide settlement resolving thousands of similar …

Nevada to Join $26 Billion Nationwide Opioid Settlement

Nevada has agreed to back a proposed nationwide settlement worth up to $26 billion resolving lawsuits against three large drug distributors and the drugmaker Johnson & Johnson over the deadly U.S. opioid epidemic, the state’s attorney general said on Tuesday. …

Drugmaker Endo Strikes $63 Million Opioid Settlement with Texas

Endo International Plc has agreed to pay $63 million to resolve claims by the state of Texas and local governments that the drugmaker helped fuel the U.S. opioid epidemic, the state’s attorney general said on Thursday. The deal announced by …

Firms Sue to Overturn New York Law Allowing Lawsuits Against Gun Industry

A group of gun manufacturers, distributors and retailers on Thursday filed a lawsuit challenging the constitutionality of a New York law that allows the state and people affected by gun violence to sue the industry. The National Shooting Sports Foundation …

U.S. Gunmakers Claim Mexico’s $10B Lawsuit Shows ‘Clash of National Values’

Gun makers including Smith & Wesson and Sturm, Ruger & Co. on Monday asked a U.S. judge to dismiss a lawsuit by the Mexican government accusing them of facilitating the trafficking of weapons to drug cartels, leading to thousands of …

Massachusetts Gig Worker Ballot Measure Backers Submit Signatures

Backers of a measure that asks Massachusetts voters to treat drivers for app-based companies like Uber Technologies Inc and Lyft Inc as independent contractors rather than employees said on Tuesday they had gathered enough signatures to get it on the …

Washington State Blames Drug Distributors in $95 Billion Opioid Trial

Washington state’s attorney general on Monday argued in court that three large drug distributors’ excessive shipments of pain pills helped fuel the U.S. opioid epidemic, calling it the “worst man-made public health crisis in history,” as the state sought to …