File #: TMP-8858    Version: 1 Name:
Type: Action Item Status: Miscellaneous
File created: 6/13/2024 In control: District Attorney
On agenda: 7/16/2024 Final action:
Title: Recommendation and possible action to approve the settlement between Kroger Company and the State of Nevada in the opioid litigation (State of Nevada v. McKesson Corp. et al., Case No. A-19-796755-B (Nev. Dist. Ct., Clark County) and execution by Washoe County of the “Kroger Subdivision Participation and Release Form” pursuant to the One Nevada Agreement on Allocation of Opioid Recoveries ("One Nevada Agreement") previously agreed upon for participation in settlements (entered into on July 27, 2021). The proposed settlement between Kroger and the State of Nevada is in an amount of $26,718,162 before attorney’s fees are deducted and paid over a 10-year period.  Pursuant to the One Nevada Agreement, Washoe County will receive an estimated annual allocation of $100,043.47 for 10 years.  District Attorney. (All Commission Districts.) FOR POSSIBLE ACTION
Attachments: 1. BCC 7.16.2024 - Staff Report - Kroger Settlement, 2. Ex 1 - Kroger Exhibit K Release Form (Subdivision Participation Form), 3. Ex 2 - Kroger Settlement Agreement
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Title

Recommendation and possible action to approve the settlement between Kroger Company and the State of Nevada in the opioid litigation (State of Nevada v. McKesson Corp. et al., Case No. A-19-796755-B (Nev. Dist. Ct., Clark County) and execution by Washoe County of the “Kroger Subdivision Participation and Release Form” pursuant to the One Nevada Agreement on Allocation of Opioid Recoveries ("One Nevada Agreement") previously agreed upon for participation in settlements (entered into on July 27, 2021).

 

The proposed settlement between Kroger and the State of Nevada is in an amount of $26,718,162 before attorney’s fees are deducted and paid over a 10-year period.  Pursuant to the One Nevada Agreement, Washoe County will receive an estimated annual allocation of $100,043.47 for 10 years. 

 

District Attorney. (All Commission Districts.) FOR POSSIBLE ACTION