Tag Archives: settlement

RI bank charged with redlining agrees to $9 million settlement

RI bank charged with redlining agrees to $9 million settlement

The federal government has settled redlining charges with the oldest community bank in the nation, saying Washington Trust Company will pay $9 million to resolve charges that “it engaged in a pattern or practice of lending discrimination by redlining majority-Black and Hispanic neighborhoods in Rhode Island.”MORE

CVS, Walgreens announce opioid settlements totaling $10B

CVS, Walgreens announce opioid settlements totaling $10B

The two largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart, a third pharmacy behemoth, is in discussions for a deal.MORE

Rhode Island announces $114M opioid settlement

Rhode Island announces $114M opioid settlement

Rhode Island has reached a settlement of more than $114 million with an opioid manufacturer and three distributors, most of which will go directly to fighting the crisis and helping people with addiction, state Attorney General Peter Neronha said Tuesday.MORE