corp which was down 2.2 percent ahead of the open cardinal health which was down 1.5 percent amerisource bergen which was down 1.8 percent and israel face drug maker tiva pharmaceuticals which was down 4 percent now for the 1st 3 make casting cardinal and amerisource bergen all of those rank in the top $25.00 of the fortune $500.00 and together they controlled around 95 percent of the u.s. drug distribution market in 2018 now they agreed to pay $215000000.00 but kiva pharmaceuticals agreed to pay $20000000.00 and it says that it will donate around $25000000.00 worth of treatment drugs and now there is also a 5th defendant in this case the pharmacy chain walgreens but they did not agree with settlement and reports are claiming that the judge is postponing the trial and the key. case so what can you tell us more about this case and specifically why ted that pharmaceutical is being punished so heavily when you have all the drug just videos really have hit getting hit at all exactly well this case is seen as sort of a test trial and all of this and it involves lawsuits that were filed specifically

mckessen amerisource, bergen, and cardinal health are among companies scheduled to go to trial next weekand federal court. now state and local governments across the country have filed more than 2,000 lawsuits alleging drug companies contributed to the widespread >>> the "los angeles times" says "desperate housewives" star felicity huffman reported to federal prison. she's serving a two-week sense for her role in the college admissions scandal. the emmy award-winning actress pleaded guilty to fraud and conspiracy for paying $15,000 to have a procter correct her daughter's s.a.t. answers. huffman will serve her time at a low-security prison for women in northern california. precguhat she should have been sentenced to 30 days, but a federal judge gave her 14 days. >> you don't see a lot of federal sentencing that is only a handful of days. it's a very rare thing to see -- only in a federal misdemeanor which is -- which are very rare -- would you see a sentence like this. so it's as light as i've seen. >> huffman must also perform 250 hours of community service and pay a $30,000 fine. >>> a

the companies are mckesson, cardinal health, amerisource bergen and teva pharmaceutical.y reached a settlement totaling $260 million with two counties in ohio. they're the first of nearly 3,000 plaintiffs across the country that are suing big pharma over drugs that have killed hundreds of thousands of hunicans. tonight dean reynolds reports on thotten to of th crthe growing number of ilen >> you go get the cones. >> reporter: when we met suzanne valle two years ago, she was busy fostering five children, all from drug-ridden homes. four of them her own brother's kids. >> i know he loved them. you know, it's hard to explain that kind of love, because if you really, really loved your children, you would do everything in your power to get erf of the drugs. >> reporter: today she has a todh child in her and her husband's care all due to opioid abuse. is that getting worse? >> i think it is. i do feel terrible for the people that are drug addicted. it just breaks my heart. i just wish they would stop. but what breaks my heart more is seeing all the kids without their parents an

and that's one of the motivations for settling this deal settles claims against distributors amerisource bergen cardinal health and mckesson and the israeli opioid manufacturer. in a statement the distributor said while the companies strongly dispute the allegations made by the 2 counties they believe settling the bell-wether trial is an important stepping stone to achieving a global resolution and delivering meaningful relief to have a declined to comment the pharmacy company walgreens boots alliance did not reach a settlement saying in a statement that the company never manufactured the drugs nor sold them to so-called pill mills the partial settlement by 2 ohio counties came at 1 am cleveland time hours before the start of the 1st federal trial of drug makers and distributors that trial combined thousands of cases brought by local communities across the u.s. against companies blamed for the opioid crisis that has led 240-0000 overdose deaths over 2 decades the settlement with the ohio counties. would serve as a benchmark for a larger $48000000000.00 settlement with the drug companies that wo

counties in this epidemic and they have settled with 3 drug distributors those are american amerisource bergen cardinal health and mckesson and with the israeli opioid maker 10 at walgreens did not settle that is that walgreen boots the pharmacy chain they said they don't manufacture the drugs and they have not sold the pill mills and therefore they didn't feel it was appropriate for them to reach that settlement that this could serve as a model for a larger settlement one that has been estimated at $48000000000.00 that would settle all of those cases being prosecuted in cleveland negotiations continue and that trial was set to begin this week ok there are thousands of lawsuits against other people involved in this crisis where do those stand. well those cases are going to continue to go forward in that court in cleveland but meanwhile there are negotiations going on the drug companies would like some certainty in the future they want their investors to have confidence that their stock will still retain its value so they want to come to some resolution here it's just a matter of how much and c

that's one of the motivations for settling this the deal settles claims against distributors amerisource bergen cardinal health and mckesson and the israeli opioid manufacture. in a statement the distributor said while the company strongly dispute the allegations made by the 2 counties they believe settling the bell-wether trial is an important stepping stone to achieving a global resolution and delivering meaningful relief to have a declined to comment the pharmacy company walgreens boots alliance did not reach a settlement saying in a statement that the company never manufactured the drugs nor sold them to so-called pill mills the partial settlement by 2 ohio counties came at 1 am cleveland time hours before the start of the 1st federal trial of drug makers and distributors that trial combined thousands of cases brought by local communities across the u.s. against companies blamed for the opioid crisis that has led 240-0000 overdose deaths over 2 decades the settlement with the ohio counties could serve as a benchmark for a larger $48000000000.00 settlement with the drug companies that would

the opioid epidemic have reached a settlement in a lawsuit with 3 drug distributors those are amerisource bergencardinal health and mckesson and with the israeli opioid maker teven that settlement is worth $260000000.00 for those communities and they were asked whether that is enough the leaders a each of those counties cuyahoga county and summit county in ohio they were asked if that is enough money and they said it might be it might not but they really needed the money to treat people in those communities right away number of people being prosecuted in prison and also undergoing drug rehabilitation in those communities that was part of a larger prosecution in which thousands of cases were consolidated in a cleveland courtroom that's a 1st federal case in the opioid crisis that his killed $400000.00 people over 2 decades now that case keeps continuing to go through the court system it began this week however there is talk of a settlement for $48000000000.00 that would be the largest settlement in the opioid crisis yet. hundreds of cattle and separatist supporters are again out protesting in bar

counties it is about $260 million, $250 million in cash from the three big distributors, mckesson, amerisource, bergennd cardinal health about $20 million in cash from teva another $25 million the washington post reports in anti-addiction medications, they will contribute here we're waiting to see the exact details that we'll get and bring them to you, no trial happening here today there are a lot lined up potentially later, no dates yet set for what we'll see next federal case in this litigation. back over to you. >> meg, it is david. a couple of quick questions. walgreens doesn't settle, but they don't have to go to court as of now as the only defendant in this current litigation, correct? >> reporter: that's right, david. walgreens, of course, is a pharmacy and they were sort of considered the most ancillary defendant here to the county's municipalities cases the cases really centered around drug companies and then distributors so having walgreens as the soul defendant didn't seem to make sense here. >> i see and then again the global settlement we heard might be close as much as 48 billion includi

distributors mckesson, cardinals health, and amerisource bergen healthva pharmaceutical will pay d 60ohio counties. another defendant, walgreens, will go to trial separately. adriana diaz spoke to the plaintiffs' lawyers about the settlement. foreporter: for hundreds of ions --s -- are hundreds of millions of dollars enough when enoughpidemic has cost the anntry an estimated $600 billion-plus? billion-s enough? ough toto do what? what my goal is is to stop going t funerals back home. my goal is to make a difference in my community, in the communities across the country. >> the distributors who settled said this in a statement, "while the company strongly disputes the allegations made by the two counties, they believe settling the bellwether trial is an important stepping stone to achieving a global resolution and delivering meaningful relief." >>> at 8:30 this morning, we'll ocus on the opioid crisis and this saturday's national prescription drug take-back day in our series "issues that matter," is what we're calling t. that's ahead on "cbs this morning." >>> facebook ceo says he has

over the broader opioid situation they are reporting that the three major drug distributors, amerisource bergen and mckesson are in talks to settle opioid litigation for $18 billion you are seeing cardinal and mckesson up there after hours. amerisource unchanged right now. this would be ahead of the first federal trial in the opioid cases set to start on monday where those cases are named. we'll bring you anymore we get on this, guys. they are also reporting that j&j may be contributing to that $18 billion potential settlement with all of the different plaintiffs in the opioid litigation >> thank you very much, meg. a big story and a lot of big headlines to follow. let's send it over now to mike santoli with his third dashboard of the day >> thinking about a refi a lot of corporate ceos are doing if they're listening to their investors. take a look at this result from the global fund manager. the global takeaway from that survey that investors remain very cautiously positioned, a little bit defensive minded at the moment but this is a question that's asked very much, is what they would prefer c