The opioid crisis is dominating the financial news cycle. Opioid manufacturers, distributors and pharmacies are facing thousands of lawsuits from cities, town, and counties across the country. A bellwether trial involving Cuyahoga and Summit counties in Ohio is set for October. Defendants can either settle out of court of face the potential wrath of Judge Dan Polster who is overseeing the trials. In September Purdue Pharma entered a global settlement for $3 billion up front. A negotiating class has been agreed upon and a $48 billion opioid settlement appears to be on the horizon.
Last month Trump And The GE Parses The Opioid Crisis took place in the NYC. The Brooklyn Land Baron, Torian Mitchell and Shock Exchange parsed through the opioid crisis, negotiating class set up by Judge Dan Polster, the proposed $48 billion opioid settlement and why certain state AGs like Letitia James continue to hunt Purdue and the Sacklers to the ends of the earth. This is Trump And The GE, otherwise known as This That Heat.