Recent Security Class Actions

CVS Health Corporation Common Stock (NYSE: CVS)

2 Days left to seek lead plaintiff status.

Company Name:CVS Health Corporation Common Stock
Stock Symbol:NYSE: CVS
Class Period Start:05/03/2023
Class Period End (inclusive):04/30/2024
Filing Deadline:09/10/2024

The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) the forecasts CVS used to determine plan premiums were ineffective at accounting for medical cost trends and health care utilization patterns; (ii) as a result, CVS was likely to incur significant expenses to cover cost increases that were not accounted for in the Company’s forecasts and thus not covered by plan premiums; (iii) accordingly, CVS had overstated the profitability of its Health Care Benefits segment; (iv) contrary to Defendants’ assurances, the revenues generated from the Company’s other primary segments were insufficient to offset the negative financial impact of the increasing expenditures within the Health Care Benefits segment; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

CVS Health Corporation Common Stock (NYSE: CVS) Claim Form

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