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Maryland Supreme Court tosses Baltimore's $152 million opioid lawsuit win [CBS News]

Cencora, Inc. (COR) 
Last cencora, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coresite.com/investor-overview
Company Research Source: CBS News
The city won the settlement in August 2025 after a lawsuit against pharmaceutical companies McKesson and Cencora (formerly AmerisourceBergen). The $152 million was awarded after a judge decided the initial $266 million was too high, saying the city would have to accept the reduced amount or go back to court. Baltimore mayor responds Maryland Chief Justice Matthew Fader did not share a reason for the decision , which sends the case back to the Baltimore City Circuit Court. "While we respect the Supreme Court of Maryland, we vigorously disagree with its decision to leave local governments without recourse against corporations that put profits over people and destroy communities with their actions," Baltimore Mayor Scott said in a statement. "...the state Supreme Court has determined that federal fines are sufficient to penalize these corporate bad actors. We do not agree with this conclusion," the mayor added. It is currently unclear if the city intends to appeal the decisi Show less Read more
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