Menu
  • Partners
  • Login
  • RSS

Class Action Review

Stay informed • A Claim Is Just The Beginning

  • Home
  • Latest News
  • Lawsuits
  • Class-Actions
  • Legal News
  • Settlements
  • News
  • Notices
Hot Topics
  • Sep 26, 2019 | Lawsuit Over Bible in Veterans Hospital Can Move Forward, Judge Says
  • Sep 26, 2019 | W.Va. Governor’s Companies Ordered to Pay $35M in Lawsuit
  • Sep 26, 2019 | How to Claim Your $100 Settlement if Yahoo Leaked Your Data
  • Sep 26, 2019 | Factbox: U.S. Lawsuits Take Aim at Vaping
  • Sep 26, 2019 | StarKist Reimburses Customers After Offering Tuna as Settlement
Home Opinion

Money and Addiction: Will Opioid Lawsuit Turn Out Like Tobacco Settlement?

TOPICS:ContentGazetteGettingOpioidReasonSitesSubmittedTexarkanaTobaccoWeb

Posted By: CAReview Editor Oct 19, 2017

The cigarette makers eventually settled with the state for about $17.6 billion.

Big Tobacco is still paying that settlement and it hasn’t been too much of a burden. They just increased the price of cigarettes and went on to deal with other states and the federal government with the money forked over by millions of smokers. In the end, government and lawyers raked in the cash. The tobacco industry did have to change its marketing strategy a bit, but the same cigarettes are still available just about everywhere—selling well enough to generate record profits for the top tobacco companies—and smokers are still getting sick, still dying.

We wonder if the results will be any different now that Big Pharma has come under fire.

Last week, Bowie County joined a number of states, counties and cities in suing several pharmaceutical makers over the growing opioid addiction crisis in the U.S.

The plaintiffs claim that Big Pharma used deceptive marketing to convince doctors opioid painkillers were safe and to write more and more prescriptions. This, they say, led a nation of prescription medication addicts.

So, how will this play out? We hope the results will be better for the real victims in all of this, though we won’t hold our breath.

Just like tobacco, there is a desperate market for opioid painkillers and where there is a market there is money. While the plaintiffs may have good intentions here, we can’t help but think that in the end there will still be large numbers of opioid addicts, large pharmaceutical companies making big profits. The only thing that will change is that governments and lawyers will get a big payoff to go away.

For more information, please visit www.texarkanagazette.com.

Source: www.texarkanagazette.com www.texarkanagazette.com

SHARE
TWEET
PIN
SHARE
  • Older article
  • Newer article

Related Articles

News

Facebook Sued for $1 Billion by Hamas Victims’ Families


Lawsuits

Snapchat Sued for Exposing Kids to Sexually Offensive Content


News

Qualcomm CEO Says He Expects to Reach a Settlement With Apple in Patent Royalties Case


Lawsuits

A New Health Lawsuit Compares Big Soda to the Tobacco Industry


Latest Headlines

Sep 26, 2019

Lawsuit Over Bible in Veterans Hospital Can Move Forward, Judge Says


Sep 26, 2019

W.Va. Governor’s Companies Ordered to Pay $35M in Lawsuit


Sep 26, 2019

How to Claim Your $100 Settlement if Yahoo Leaked Your Data


No Picture

Sep 26, 2019

Factbox: U.S. Lawsuits Take Aim at Vaping


Sep 26, 2019

StarKist Reimburses Customers After Offering Tuna as Settlement


Featured Articles

Aug 16, 2016

PwC Faces Record $5.5bn Lawsuit Over Mortgage Underwriter Collapse

The complainant is Taylor, Bean & Whitaker (TBW), which was a top-10 wholesale mortgage lending firm. The trustees of the company are accusing PwC of negligence in their audits of TBW’s lender, Colonial Bank. In an agreement between the top management of the borrower and the bank, starting from 2002, TBW chairman Lee Farkas sent mortgage data to Colonial Bank for fake loans or those the company …

Read More

Jun 27, 2019

CLASS ACTION UPDATE for LYFT, JMIA, EROS and TEVA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders


Jul 1, 2016

The Talcum Powder Lawsuit


Sep 19, 2016

Cities Facing Increasing Lawsuits Over Fees


Sep 16, 2016

Settlement in TCPA Class Action Over Cruise Line Robocalls Could Reach Record $76 Million


Categories
  • Class-Actions
  • Lawsuits
  • Legal News
  • News
  • Notices
  • Opinion
  • Securities
  • SECURITY
  • Settlements
  • SKIP
  • Uncategorized
Recent Articles
  • Lawsuit Over Bible in Veterans Hospital Can Move Forward, Judge Says
  • W.Va. Governor’s Companies Ordered to Pay $35M in Lawsuit
  • How to Claim Your $100 Settlement if Yahoo Leaked Your Data
  • Factbox: U.S. Lawsuits Take Aim at Vaping
  • StarKist Reimburses Customers After Offering Tuna as Settlement
  • RSS
  • About
  • Privacy
  • Terms
  • Contact Us
  • Login

Copyright 2016-2019 | ClassActionReview.com