# Pharmacy Chain Rite Aid Files For Bankruptcy Amid Fallout From Opioid-Related Lawsuits

- Link: https://www.widthness.com/pharmacy-chain-rite-aid-files-for-bankruptcy-amid-fallout-from-opioid-related-lawsuits/
- Published: 2023-11-05T09:30:02-06:00
- Author: Curated by Theresa Wysocki

Photo caption: A Rite Aid store in Pittsburgh on Jan. 23, 2023. The chain has filed for bankruptcy amid falling sales and dealing with opioid-related lawsuits. Photo credit: AP Photo / Gene J. Puskar, File. Article by The Associated Press. HuffPost – October 16, 2023. PHILADELPHIA (AP) — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging […] Click here to view original web page at www.huffpost.com Related articles: Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses – AP News More Bartell Drugs to shutter amid Rite Aid’s bankruptcy – The Seattle Times Rite Aid bankruptcy: Court OKs supply settlement with McKesson – Supply Chain Dive