City Council

4. CONSIDER OPTING INTO SETTLEMENT AGREEMENTS WITH THE\nFOLLOWING DEFENDANTS WHO HAVE ENTERED INTO NATIONAL\nOPIOID SETTLEMENTS: TEVA; ALLERGAN; WALMART; WALGREENS;\nAND CVS\nRecommendation: 1. Opt into settlement agreement with three pharmacy\nchains—CVS, Walgreens, and Walmart and direct the City Manager to\nexecute any documents necessary to implement the action and, when\npossible allocate the City’s designated share of settlement funds to the\nCounty of Los Angeles; and 2. Opt into settlement agreement with two\nopioid manufacturers—Allergan and Teva and direct the City Manager to\nexecute any documents necessary to implement the action and, when\npossible allocate the City’s designated share of settlement funds to the\nCounty of Los Angeles.\n4 - Staff Report Opioid Settlement