TBA Law Blog


Posted by: Stacey Shrader Joslin on Aug 17, 2022

A coalition of attorneys general has reached an agreement in principle with opioid maker Endo International that will provide up to $450 million to participating states and local governments, ban promotion of opioids and require the company to turn over millions of documents for a public online archive, Tennessee Attorney General Herbert H. Slatery III announced today. Endo, which filed for bankruptcy earlier this week, was accused by the group of boosting its opioid sales by using deceptive marketing that downplayed the risk of addiction and overstated the benefits. Slatery said that Endo’s tactics in Tennessee, “were especially profitable for them and devasting for us.” The settlement is contingent on final documentation and Bankruptcy Court approval.