Walmart to pay $3.1 billion to settle opioid lawsuits

• Walmart is agreeing to pay more than $3 billion to settle lawsuits stemming from the opioid crisis.
• The deal is part of a landmark settlement with a group of state attorneys general.

Walmart is agreeing to pay more than $3 billion to settle opioid lawsuits.

The deal is part of a landmark settlement with a group of state attorneys general who've accused Walmart of failing to implement appropriate policies, procedures, and controls around prescriptions for opioids.

The settlement needs to be approved by 43 states before it's final. Walmart's joining CVS and Walgreens in the settlement - those two chains have agreed to pay more than $5 billion each.

The money will be distributed to communities to fight opioid addiction.