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049-23 (OpioidLitigationSettlement) f y��N( RESOLUTION A RESOLUTION OF THE FREDERICK COUNTY BOARD OF SUPERVISORS APPROVING OF THE COUNTY'S PARTICIPATION IN THE PROPOSED SETTLEMENT OF OPIOID-RELATED CLAIMS AGAINST TEVA, ALLERGAN, WALMART, WALGREENS, CVS, AND THEIR RELATED CORPORATE ENTITIES, AND DIRECTING THE COUNTY ATTORNEY AND/OR THE COUNTY'S OUTSIDE COUNSEL TO EXECUTE THE DOCUMENTS NECESSARY TO EFFECTUATE THE COUNTY'S PARTICIPATION IN THE SETTLEMENTS WHEREAS,the opioid epidemic that has cost thousands of human lives across the country also impacts Frederick County by adversely impacting the delivery of emergency medical, law enforcement, criminal justice, mental health and substance abuse services, and other services by Frederick County's various departments and agencies; and WHEREAS, Frederick County has been required and will continue to be required to allocate substantial taxpayer dollars, resources, staff energy and time to address the dainage the opioid epidemic has caused and continues to cause the citizens of Frederick County; and WHEREAS, Frederick County has filed suit against Teva, Allergan, Walmart, Walgreens, CVS, and certain of their related corporate entities for their role in the distribution, manufacture, and sale of the pharmaceutical opioid products that have fueled the opioid epidemic that has harmed Frederick County; and WHEREAS,the County's suit seeks recovery of the public funds previously expended and to be expended in the future to abate the consequences and harms of the opioid epidemic; and WHEREAS, settlement proposals have been negotiated that will cause Teva, Allergan, Walmart, Walgreens, and CVS to pay billions of dollars nationwide to resolve opioid-related claims against them; and WHEREAS, the County has approved and adopted the Virginia Opioid Abatement Fund and Settlement Allocation Memorandum of Understanding(the"Virginia MOU"), and affirms that these pending settlements with Teva, Allergan, Walmart, CVS, and Walgreens shall be considered "Settlements"that are subject to the Virginia MOU, and shall be administered and allocated in the same manner as the opioid settlements entered into previously with the Distributors and Janssen; and Res. No. 049-23 WHEREAS, the County's outside opioid litigation counsel has recommended that the County participate in the settlements in order to recover its share of the funds that the settlement would provide; and WHEREAS, the County Attorney has reviewed the available information about the proposed settlements and concurs with the recommendation of outside counsel; NOW THEREFORE BE IT RESOLVED that the Frederick County Board of Supervisors, this 22"d day of February, 2023, approves of the County's participation in the proposed settlement of opioid-related claims against Teva, Allergan, Walmart, Walgreens, CVS, and their related corporate entities, and directs the County Attorney and/or the County's outside counsel to execute the documents necessary to effectuate the County's participation in the settlements, including the required release of claims against settling entities. Charles S. DeHaven, Jr., Chairman Aye Shawn L. Graber Aye Gainesboro District Vacant Robert W:Wells Aye Blaine P. Dunn Aye Josh Ludwig Aye Judith McCann-Slaughter Absent A COPY ATTEST Michael L. BolIhoefer Frederick County Adi in trator Res. No. 049-23 COUNTY OF FREDERICK r Roderick B. Williams County Attorney ® � 540/722-8383 173 8 Fax 540/667-0370 173 E-mail rwillia@fcva.us MEMORANDUM TO: Finance Committee FROM: Roderick B. Williams, County Attorney DATE: February 16, 2023 RE: Opioid Litigation Settlements with Teva, Allergan, Walmart, Walgreens and CVS As you are aware, the County previously filed a lawsuit against Teva, Allergan, Walmart, Walgreens, CVS, and their related corporate entities (collectively, the "Defendants")for their roles in the distribution, manufacture, and sale of opioid products that have fueled an epidemic. After years of litigation, these Defendants have now agreed to terms of global settlements that combined provide over$18.7 billion to state and local governments nationwide for abatement of the harms caused by the opioid epidemic. Additionally, the settlements will offer injunctive relief that will compel the settling defendants to change their business practices in meaningful ways. Assuming that relevant participation thresholds are reached, Virginia's share of the settlement proceeds is expected to be in excess of$425 million. Once approved, these settlements will be allocated and administered pursuant to the terms of the Virginia Opioid Abatement Fund and Settlement Allocation Memorandum of Understanding entered into by the County and the Office of the Virginia Attorney General previously in 2021. Thus, they will be treated in the same way as the earlier settlements with the Distributor Defendants and Janssen Pharmaceutical, which began distributing settlement funds last calendar year. Settlement funds will flow to the County, both directly and indirectly via the Virginia Opioid Abatement Authority, over a period of years. This represents the second wave of settlements flowing from the litigation commenced by the County against numerous opioid supply chain defendants several years ago. The legal work connected with this litigation has been performed on a contingent fee basis and has involved no out of pocket cost to the County. Litigation will continue against several currently non-settling defendants. 107 North Kent Street • Winchester, Virginia 22601 The settlements with Teva, Allergan, Walmart, Walgreens and CVS are the product of years of hard-fought litigation and complicated negotiation by outside counsel. The settlements provide significant sums to state and local governments to help recover from the past harm suffered because of the opioid epidemic and to help fight the ongoing harms the epidemic continues to inflict on public entities. The settlements also provide important injunctive relief that will force the settling entities to change the way they do business. Our office has carefully reviewed the available information about the proposed settlements and concurs with the recommendation of outside counsel to join in the settlements with these Defendants. Attachment