| | | | | | | | Council Communication
Department: City Clerk
Case/Project No.:
Submitted by: Richard Wade | Resolution 21-363
ITEM 6.E. | Council Action: 12/13/2021 |
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| | | | | | | | Description
Resolution authorizing and directing the Mayor to execute the Participation Agreements, Settlement Agreements, forms, accompanying MOUs and related documents regarding the opioid litigation.
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| | | | | | | | Background/Discussion
There is currently a class action lawsuit against the three largest pharmaceutical distributors: McKesson, Cardinal Health and AmerisourceBergen, and manufacturer Janssen Pharmaceuticals, Inc. and its parent company Johnson & Johnson regarding the opioid epidemic across the country. The City has to “opt in” in order to be eligible for any of the settlement proceeds. It’s in our best interest to “opt in” and several documents and agreements may be necessary to follow-through with our claim. |
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| | | | | | | | Recommendation
Approval is recommended. |
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