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Alabama Supreme Court lets class action lawsuit against CVS Health proceed
http://www.rawstory.com/rs/2014/09/12/alabama-supreme-court-lets-class-action-lawsuit-against-cvs-health-proceed/Alabama Supreme Court lets class action lawsuit against CVS Health proceed
By Reuters
Friday, September 12, 2014 21:37 EDT
By Verna, Gates and David Adams
BIRMINGHAM Ala. (Reuters) – The Alabama Supreme Court on Friday allowed a class action lawsuit seeking more than $3 billion to go forward against CVS Health Corp and several insurance companies, affirming the ruling by a lower court which said the plaintiffs could be certified as a class.
The case dates back to a 1999 class action settlement for $56 million over alleged accounting fraud at MedPartners, a physician and pharmacy benefits management corporation.
CVS Health could not be reached for comment.
MedPartners became Caremark and merged in 2007 with CVS, now known as CVS Health.
