Opioids Lawyers Offer Investors Piece of $100 Million-Plus Win

A law firm set to earn more than $100 million for its work on opioids cases is packaging its fees and selling it to investors as a security.

Napoli Shkolnik PLLC is pooling its portion of approximately $1.3 billion in settlements with major opioid manufacturers and pharmacies, including McKesson, Janssen, CVS and Walgreens, according to a Securities and Exchange Commission filing. The firm declined to comment. T

he move is the latest sign of the growing intermingling of law firms and investors….

Source: Opioids Lawyers Offer Investors Piece of $100 Million-Plus Win