{"id":51961,"date":"2023-08-23T09:19:47","date_gmt":"2023-08-23T13:19:47","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/walmart-to-start-paying-states-local-governments-in-opioids-settlement\/"},"modified":"2023-08-23T09:19:49","modified_gmt":"2023-08-23T13:19:49","slug":"walmart-to-start-paying-states-local-governments-in-opioids-settlement","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51961","title":{"rendered":"Walmart to start paying states, local governments in opioids settlement"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002429154\" role=\"document\">\n<p>Walmart Inc.<br \/>\n        WMT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207374728\/composite\" class=\"negative\">-0.32%<\/bg-quote><br \/>\n       said in a filing late Tuesday that it will pay about $2.8 billion of its roughly $3.3 billion opioids settlement around November, in the retail giant\u2019s fiscal 2024 third quarter. The settlement, which sought to resolve all lawsuits over Walmart pharmacies\u2019 role around the opioid crisis, was announced last year, with Walmart reaching agreements with all 50 states in December. The retailer said Tuesday that a settlement administrator determined that enough government entities had agreed to participate in the settlement, which will take effect Sept. 6. Shares of Walmart edged higher in the extended session Tuesday after ending the regular trading day down 0.3%.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/walmart-to-start-paying-states-local-governments-in-opioids-settlement-3757fee0?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart Inc. WMT, -0.32% said in a filing late Tuesday that it will pay about $2.8 billion of its roughly $3.3 billion opioids settlement around November, in the retail giant\u2019s fiscal 2024 third quarter. The settlement, which sought to resolve all lawsuits over Walmart pharmacies\u2019 role around the opioid crisis, was announced last year, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-51961","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Walmart to start paying states, local governments in opioids settlement | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Walmart Inc. 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