tiprankstipranks
Trending News
More News >

Louisana AG announces three separate lawsuits against CVS Health

Louisiana Attorney General Liz Murrill announced three separate lawsuits against CVS Health (CVS) Corp, CaremarkPCS Health, LLC, and their affiliated entities for unfair, deceptive, and unlawful practices that have harmed Louisiana patients, independent pharmacies, and the public at large. The State is seeking both injunctive relief and restitution. “On July 11, 2025, CVS sent urgent text messages to customers-illegitimately using contact information obtained under the guise of prescription and health notifications-to oppose House Bill 358,” said Murrill. “These texts and other forms of communication were inaccurate, misleading, and deceptive. They were clearly intended to incite fear among vulnerable people regarding their medical needs to garner their support to lobby the legislature against pending legislation that CVS opposed. In every respect, CVS’s use of its pharmacy customers’ contact information to send text messages spreading lies to serve its own political agenda of maintaining its anti-competitive economic position-to the obvious detriment of the public interest-creates unethical and deceptive acts, in violation of public policy and established standards of decency.” The Ag added that CVS Caremark’s structure gives it market power not just horizontally, but vertically across multiple tiers of the healthcare system, and that its rebate systetm causes drugs to cost more than they would in a properly functioning competitive market. “CVS’s business practices with the independent pharmacies of Louisiana constitute unfair competition, and are deceptive and substantially harmful to the public, in violation of La. R.S. 51:1405,” Murrill added. “Specifically, CVS’s abuse of its enormous market power to impose unethical and exceedingly high fees on independent pharmacies-under threat of being expelled from the CVS network-amounts to unfair competition and unfair trade practice. CVS is abusing its enormous market power to engage in covert spread pricing to further enrich itself at the expense of the independent pharmacies in its network.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1