Commodities

Johnson & Johnson settles with Ohio counties ahead of opioid trial


A Johnson & Johnson building is shown in Irvine, California.Mike Blake | ReutersJohnson & Johnson said on Tuesday it settled with two Ohio counties, ahead of an opioid trial scheduled to begin on Oct. 21.The company will make a combined $10 million settlement payment to the counties of Cuyahoga and Summi, it said in a statement, adding that the settlement removes it from the federal trial.J&J will also reimburse $5 million of the counties’ legal and other expenses incurred in preparation for the trial, it added.

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