Griffin: ‘Arkansas will receive $1,240,768 of the overall $102,500,000 settlement’
LITTLE ROCK – After the announcement of a multistate settlement agreement with Indivior Inc., Attorney General Tim Griffin issued the following statement:
“Arkansas is one of 42 states that sued Indivior Inc., which makes the drug Suboxone—commonly used in the treatment of opioid addiction. The lawsuit addressed Indivior Inc.’s attempts to preserve its drug monopoly. The coalition of states has announced a settlement in the case, which includes a payment to the states as well as stipulations that Indivior Inc. comply with reporting requirements. Arkansas will receive $1,240,768 of the overall $102,500,000 settlement.
“Opioid addiction is a scourge on our country, and it’s unconscionable that a company would put profits ahead of people’s suffering. I am pleased with the outcome of this case and appreciate the work of the coalition of states to ensure that Indivior Inc. follows the law.”
Under the terms of the settlement, the funds may be spent on any one or more of the following purposes:
- Payment of attorneys’ fees and expenses;
- Antitrust or consumer protection law enforcement;
- Deposit into a state antitrust or consumer protection account for use in accordance with the state laws governing that account;
- Deposit into a fund exclusively dedicated to assisting state attorneys general enforce the antitrust laws by defraying the costs of a) expert economists and consultants in multistate antitrust investigations and litigation; b) training or continuing education in antitrust for attorneys in state attorney general offices; or c) information management systems used in multistate antitrust investigations and litigation;
- Any other purpose as the attorneys general deem appropriate, consistent with state laws.
To read the settlement agreement, click here.
About Attorney General Tim Griffin
Tim Griffin was elected attorney general of Arkansas on November 8, 2022. He was elected lieutenant governor of Arkansas on November 4, 2014, and was re-elected for his second four-year term on November 6, 2018. From 2011-2015, Griffin served as the 24th representative of Arkansas’s Second Congressional District. For the 113th Congress, he was a member of the House Committee on Ways and Means while also serving as a Deputy Whip for the Majority. In the 112th Congress, he served as a member of the House Armed Services Committee, the House Committee on Foreign Affairs and the House Committee on the Judiciary.
Griffin is a graduate of Magnolia High School, Hendrix College in Conway, and Tulane Law School in New Orleans. He attended graduate school at Oxford University. Griffin has served as an officer in the U.S. Army Reserve’s Judge Advocate General’s (JAG) Corps for over 25 years and currently holds the rank of colonel. In 2005, Griffin was mobilized to active duty as an Army prosecutor at Fort Campbell, Kentucky and served with the 101st Airborne Division (Air Assault in Mosul, Iraq). He is currently serving as the Staff Judge Advocate (SJA) for the 81st Readiness Division at Fort Jackson, South Carolina. Prior to his current post, Griffin served as the Commander of the 134th Legal Operations Detachment (LOD) at Fort Bragg, North Carolina and a senior legislative advisor to the Under Secretary of Defense for Personnel and Readiness at the Pentagon. Griffin holds a master’s degree in strategic studies from the U.S. Army War College, Carlisle Barracks, Pennsylvania. He also served as U.S. Attorney for the Eastern District of Arkansas and Special Assistant to the President and Deputy Director of Political Affairs for President George W. Bush. Griffin lives in Little Rock with his wife, Elizabeth, a Camden native, and their three children.