RICHMOND, Va. (AP) - A share of Virginia's portion of a $1.5 billion national settlement with Abbott Laboratories is headed to local prosecutors.
Attorney General Ken Cuccinelli will announce the creation of a $20 million endowment Thursday to benefit the state's 739 prosecutors. Interest on the endowment will fund mandatory training for prosecutors that typically is paid by localities or individual prosecutors.
Cuccinelli will detail the endowment at a Richmond news conference attended by prosecutors.
Virginia received $115 million from the Abbott settlement with state and federal governments. The agreement settled allegations that Abbott promoted the drug Depakote for uses not approved by the Food and Drug Administration.
Law enforcement agencies across Virginia are sharing $33 million of the settlement to pay for new equipment and training.
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