Walmart Denied Laches Dismissal In Pension Funds’ Opioid Suit

Mealey's (April 14, 2023, 1:06 PM EDT) -- WILMINGTON, Del. — The Delaware Court of Chancery has denied a motion by Walmart Inc. and 10 current and former directors and officers to dismiss a opioids-related lawsuit filed by three public pension funds who allege that the defendants’ failure to take action to prevent addictive drugs from contributing to the opioid abuse epidemic lowered the value of their shares....