Johnson & Johnson settles New York opioid lawsuit for $230 million

Johnson & Johnson (J&J) has settled an opioid lawsuit with the state of New York for $230 million days before the company was set to be put on trial.

New York Attorney General Letitia James (D) announced the settlement on Saturday, saying as part of the agreement J&J also must leave the opioid business across the country and no longer manufacture or sell opioids in New York.