According to a new report in the Wall Street Journal on Friday, Rite Aid Corp (RAD.N) in making preparations to file for bankruptcy in the coming weeks, as the company is mired in lawsuits over its alleged role in offering prescription opioids for sale to the public.

Shares of the retail pharmacy chain were down 51% to 71 cents on the news. The pending Chapter 11 filing would address both, the pending legal issues regarding allegations that the pharmacy chain oversupplied prescription opioids, as well as an over $3.3 billion debt load.

The regionally focused pharmacy chain operator oversees more than 2,330 locations in 17 US states, however it remains much smaller than some rivals such as Walgreens Boots Alliance (WBA.O) and CVS Health (CVS.N).

Rite Aid, along with other pharmacy chains, is presently a defendant in lawsuits which allege their overprescription of opioid painkillers contributed to the opioid crisis in the United States.

In March, the US Department of Justice sued Rite Aid, accusing the pharmacy chain of illegally filling hundreds of thousands of prescriptions for various prescription drugs, including opioids, in spite of clear “red flags” the company should have noticed.

In addition, all around the country, state and local governments are suing the company similarly. So far, similar lawsuits around the country against other pharmacies, drugmakers, and distributors have generated settlements regarding similar allegations which have totaled over $50 billion.

Although Rite-Aid has not entered into any nationwide settlement, it has entered into some smaller agreements, including a $10.5 million deal with several counties last year.

Over 900,000 individuals have died due to drug overdoses since 1999 in the United States. According to data from the US Centers for Disease Control and Prevention, opioid drugs have played an outsized role in the epidemic.