Recent Security Class Actions

Rite Aid Corporation Common Stock (NYSE: RAD)

21 Days left to seek lead plaintiff status.

Company Name:Rite Aid Corporation Common Stock
Stock Symbol:NYSE: RAD
Class Period Start:04/14/2022
Class Period End (inclusive):09/28/2022
Filing Deadline:12/18/2022

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) despite representations to the contrary, the number of new members (i.e., "lives") that the Elixir PBM services business was adding during the selling season ending on January 1, 2023 was in material decline; (ii) Rite Aid was likely to recognize a significant charge for the impairment of goodwill related to Elixir due to a decrease in "lives" covered by Elixir's PBM services business; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Rite Aid Corporation Common Stock (NYSE: RAD) Claim Form

Name(Required)
Address
Consent(Required)
This field is for validation purposes and should be left unchanged.