May 16th 2025
The announcement comes shortly after the company announced it had filed its second chapter 11 bankruptcy in under 2 years.
CVS sued for suspected fraudulent Rx reimbursements
April 18th 2014CVS Pharmacy is once again in hot water regarding its handling and dispensing of controlled substances-this time being sued by an insurer and 18 states that claim the pharmacy chain collected hundreds of millions for invalid prescriptions that were diverted to the black market.
CVS pays $20 million to settle SEC fraud charges
April 9th 2014CVS Caremark agreed on Tuesday to pay a $20 million fine to settle the U.S. Securities and Exchange Commission (SEC) charges that it misled investors in 2009 about financial setbacks and used improper accounting methods for boosting its financial results, according to a SEC statement.