So someone had mentioned something about a class action lawsuit, and so it turns out it's true. I saw the press release on Yahoo Finance. The basic nature of the filing, is that CVS misled investors who ended up losing big money. One of the firms mentioned losses related to Omnicare and how CVS misled investors about Omnicare. So at least 2 class action lawsuits, PLUS the merger court review, and yet people say don't worry cvs will be fine?
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Um , don't we have insurance against law suits ? Insurance pays not CVS42
Merlo finally exposed his shell game scheme.
It’s actually several law firms involved in this, and if this goes through it will hit the bottom line very hard!