Russell Budd

Baron & Budd Announces $1.4 Billion Settlement From Kroger in Nationwide Opioid Lawsuit

Retrieved on: 
Saturday, September 9, 2023

Today, the nationally recognized attorneys at Baron & Budd announced a $1.4 billion nationwide settlement agreement with retail pharmacy giant Kroger concerning the company’s role in the opioid epidemic.

Key Points: 
  • Today, the nationally recognized attorneys at Baron & Budd announced a $1.4 billion nationwide settlement agreement with retail pharmacy giant Kroger concerning the company’s role in the opioid epidemic.
  • Baron & Budd’s President and Managing Shareholder, Russell Budd, played a lead role in negotiating the settlement.
  • When added to the previous settlements obtained from opioids manufacturers, distributors, and pharmacies, this $1.4 billion settlement with Kroger brings the total national settlement value to nearly $61.4 billion.
  • While Kroger is typically known as a grocery store, the company has more than 2,000 pharmacies within its stores nationwide.

Teva to pay over $4 billion to communities in pending nationwide opioid settlement

Retrieved on: 
Wednesday, July 27, 2022

WASHINGTON, July 26, 2022 /PRNewswire/ -- Today, the National Prescription Opiate Litigation Plaintiffs' Executive Committee confirmed that they, alongside the working group of States' Attorneys General, counsel for Native American Tribes and plaintiffs' lawyers representing the States and local communities, have reached an agreement in principle with pharmaceutical manufacturer Teva on the primary financial terms of a nationwide opioid settlement. This agreement follows years of litigation naming Teva as a defendant responsible for fueling the opioid epidemic in America. 

Key Points: 
  • This agreement follows years of litigation naming Teva as a defendant responsible for fueling the opioid epidemic in America.
  • Announced today by Teva, this settlement is contingent upon finalization of terms between the working group and Teva.
  • This settlement news comes as multidistrict federal litigation and state litigation continues in courtrooms around the country against other companies in the opioid supply chain.
  • Teva and Allergan were defendants in thattrial until July 12, 2022 when the parties reached a $58M settlement agreement.

Baron & Budd Named One of the Top Law Firms for Female Attorneys

Retrieved on: 
Monday, June 10, 2019

The national law firm of Baron & Budd is pleased to announce it was ranked as one of the best law firms for female attorneys.

Key Points: 
  • The national law firm of Baron & Budd is pleased to announce it was ranked as one of the best law firms for female attorneys.
  • Law360s 2019 Glass Ceiling report looks at law firms based on their attorney head count and ranks them by their percentage of female partners and nonpartners.
  • Law360 says it lists the 70 firms who are leading the pack in representing women at all levels.
  • Baron & Budd, P.C., is among the largest and most accomplished plaintiffs law firms in the country.